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clock Created with Sketch. 27/10/22
17:11
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Originally posted by Andy Buck:
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Where do I start with this announcement? 22 March 2022 PB chats with Kerry from Small Caps and states updated CAPEX expected very early (ie April 2022) next quarter,27 July 2022 release of June quarterly showing expenditure on "(d) engineering, exploration & evaluation " = $2.123m (but no CAPEX $ update),20 October 2022 announcement confirming the CAPEX estimate would be significantly higher - but no $ value provided, and26 October 2022 release September quarterly showing expenditure on "(d) engineering, exploration & evaluation " = $3.460m (but no CAPEX $ update).$5.583m on "engineering, exploration and evaluation ", yet the updated CAPEX estimated $'s that PB was expecting back in April 2022 still can't be quantified, and we find out more work is needed (not just waiting for costs to come down) before Clough can/will do so, hopefully by mid 2023 - OMFG!!!! VIDEO
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I think this comment has probably bugged me more than anything about what could have been happening internally within the company with regards to progress towards moving out of the design phase into the execution phase.https://hotcopper.com.au/threads/sp-performance.6973126/page-5?post_id=63835000 "i thoughjt was the husband said he was a mining engineer, maybe from Snowden by the colour of his hair..haha..he joked that he had done the same work for Paul over and over,"
