To be fair... they did drill a lot of holes which became more expensive following all the rainfall impacts to the program from which they upgraded the resources 400mt+, so not all in vain. But yes, they have burned a truckload of cash on the stalled/failed BFS which they should have intervened earlier on (or stayed the course at the original tonnage instead of chasing further scale at 20mtpa). Blind Freddy could have seen the huge capital blowout coming for the 20mtpa option.
Ann: Trading Halt, page-48
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