WW1
I am cool with the gap filling, actually I prefer it..
The big picture is pretty big, long life, low cost mining.. They will be mining Cockatoo and Irvine for many many years. I reckon over 20 years.
Unless we have a huge fall in the price of iron ore, cash flow should not be a problem for Cockatoo, funding for the underground would come from forward sales and cash reserves I should think.
Then Irvine costs would be met with a combination of vendor finance and forward sales.
Cheers
P.s.. I stuffed up on the timing of the ship.. It gets in at 11pm Sydney time :)
That is about 3 and a half hours from now !!!!!! toot..
- Forums
- ASX - By Stock
- PLV
- the greatest day for exploarion companies
the greatest day for exploarion companies, page-48
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)