The Prospectus technical report under Assumptions for ‘reasonable prospects for eventual economic extraction’ of Wonawinta silver by mining on page 326 says:
The assumed capital refurbishment and float circuit costs are $40 million and is included in the total cost per tonne of ore.
So the $50 million is presumably an updated estimate of that cost.
MKR Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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