The study, which was carried out by engineering firm Tetra Tech, considered Temrezli’s high grade, low capex and low operating cost as the primary factors that demonstrated its capability.
Construction of a central processing plant with a capacity of 1.2 million lb a year and a current resource of 5.2 million tons grading 1,157ppm eU308 for 13.3 million lb U308 at the Temrezli are the basis for the PFS.
Temrezli is estimated to require capital investment of $41m with a payback period of 11 months, and is expected to produce around 9.9 million pounds U3O8 over a 12-year mine life.
With a net present value of $191.1m, the project will deliver gross revenue of $644m and operating cash flow of $345.5m based on $65 per lb of uranium.
Anatolia Energy CEO and managing director Paul Cronin said: "Completion of the PFS is a significant milestone for Anatolia and takes the company a great deal closer towards achieving our objective of becoming a high margin producer of uranium in the near-term.
"Our focus over the coming months will be to complete detailed plant designs, and seek to assess the project capital based on local Turkish plant costs, which we believe may substantially reduce upfront capital requirements."
