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looks good, page-15

  1. 1,459 Posts.
    All seems so long ago now.

    http://st.free-lance.ru/users/Your_Producer/upload/f_4d3989bcda398.pdf

    Hardly call it subscription info any more as it was sold by the vet long ago.

    Reading back over the threads from the time.

    Capex was expected to be in the region between 1 to 2b

    So they have come in at the half way point.

    But this is a scoping study and my experience has been that PFS and then DFS numbers rarely match the scoping study.

    Usually expect capex to go up.

    Production still a long way out.

    One option would be to sell LC out right for cost of drilling (~200m) plus a royalty payment on every tonne of Cu once in production.

    Then concentrate on one of their smaller projects they can get up by themselves with the cash in the mean time.



 
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