What is the new schedule for the Carapateena decline?
I was wrong about the tunnel boring machine. It is only $15M and is at that price a worthwhile investment for getting on with the decline at Carapateena. I thought it was $150M but that is actually the cost of the decline and TBM combined (thanks to hugeorgans for setting me straight there).
In the September roadshow the Carapateena PFS is due for release in Q1 2014. They obviously can do the PFS without the decline. Is the Khamsin drilling program part of a greater PFS for a large processing plant operating the two mines? If so that might indeed attract the likes of Glencore and others for takeover given current SP.
Does anyone know what the schedule subsequently is to do the decline and the BFS at Carapateena?
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