jut want to add that this underlines, circles and underlines again that we are priced for perfection.
We should be going up in price, not down...
Centro and PB need to be de-risked more. Everyone needs to face this fact. We are a long way form having any value for these projects in our current share price.
Aaaaaand, just did a quick and dirty calculation.....
9 months C1 costs were $1.51. Now its going to be somewhere between $1.55 and 1.65. That means Costs for 4th quarter alone will be between $1.67 and $2.07.
Don't be fooled here folks, this will come in at the higher end of expectations, why else would they throw out such a wide range this close to year end.
Just saying...
HB
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Ann: Full Year 2017 Guidance Update, page-22
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