Where’s the bottom?, page-86

My $60m Capex figure came from Gecko Systems, the makers of modular plants.
Gecko are well known to be expensive but they say that they are more popular now because they pre- assemble their plants and truck them to the mine site. They say they are now 6 months quicker in mine construction in WA compared with building on site.
Also keep in mind that Rox are using parts of the existing plant and have a lot of infrastructure already in place such as ponds for dewatering and will use Ramelius's new airstrip rather than build their own.
So I'm sticking to my $60m Capex for now, though it will be more next year.
That is a lot better then the $200m+ cost of a big plant.
Can Rox raise $60m or so Capex.
'In a heartbeat' as Alex would say.
You do have to appreciate that Rox is always ahead of the curve.
Capex costs increasing 11% year on year - Rox goes low Capex and works out how to use their old plant.
Staff shortage crisis in WA - Rox saw it coming and immediately scooped a world class team of geos and started their own labour hire.