RM & Gazzat,
it's more serious than what think!!!
did anyone see the NUMBER 8 before on any announcment before????
it clearly says that production of currently studied plant could mean .....8......years....of.... production.. with.... the.... inclusion .... of.....ONEDIN!!!!!!!!!!
This is from the website: http://www.anglo.com.au/koongie.asp
"The current pre-feasibility work focused entirely on the Sandiego underground option (2008 resources) which could see an operational life of 4-5 years. Project life could be further extended to 8 years with the inclusion of the Onedin mineralisation"
If I'm not wrong, with Sandiego looking positive as they mentioned in Qrtrly, then they're expecting ONEDIN to join in after around 2-3 years of starting Sandiego!!
that proves my theory that starting Sandiego ONLY without ONEDIN must have attracted MUCH LESS START UP CAPTIAL & they're probably hoping to use some of the cash from Sandiego to EXTEND mining life, which makes the WHOLE SP "SPECULATION & PREDICTION" totally different!
with that bit of info, we could start calculating the value .....but no one here is interested anyways in my calculations as they are all ramping so we'll leave it at that.
also, once I start calculating, I usually find my follower buddy hammering me with posts about my ramping & that we have nothing .... lol .... so I'll leave it to him or anyone else to tell us what that info mean!
cheers,
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