When they get the Kolosori deposits - opening s/p, page-23

"But hey, don't let those details stop you guys from pumping up the pps, again."

OK I'll pump it up Useless ...oh I mean User.

	Column 1	Column 2	Column 3
0	Production At 2mtpa	DSO 1.5% Ni	DSO 1.5% Ni
1		Jan 2015 $55/tn	Aug 2016 $50/tn
2	Annual Revenue	110ml	100ml
3	Mining/Loading	30ml	30ml
4	Admin	4ml	4ml
5	Shipping	28ml @$14/tn	18ml @ $9/tn
6	Total OPEX	62ml	52ml
7	GCF	48ml	48ml

Ref' SMM metal market.
Plenty of vessels sitting of Gladston and Mackay doing nothing. Could be cheaper for fleet. At one stage I had quotes down to $4/tn.
CAPEX paid for in the first year of full production, cash flow +ve after first years.
Even with the original off-Take @ $42/tn GCF of $32ml still pay's for CAPEX in first production years.

If you don't provide credible data Useless the only one that is pumping is you.
Sorry...Should read User....bloody spell check!!