Keithos,40 years I didn't think it was quite that long,the mill was well built and maintained.Replacement cost today would be closer to ~$125m than original Intec estimate of ~ $100m.
I don't think 1200mm rain would affect production to any great extent.
I would have prefered Intec keep Hellyer jv 100% in house,they would now be retaining more than double the profits at this critical stage.
Intec certainly need to produce some attractive final figures for the HRP along with a palatable finance/partner package in the near term for the share price to gain some upward momentum.Securing a larger and longer term eafd supply would not go astray either.
for richer or poorer, page-3
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