Part of the problem attracting a JV partner is that is something more typical for a copper asset. The size of the copper prize here (even at 20Mtpa processing) is quite small and probably not of huge interest to the sort of companies who could fund the capex.
As a gold asset the payback and returns relative to capital are well down on what's available, even when comparing to some of the lower quality development projects in WA for example.
Ann: Boda-Kaiser Scoping Study, page-31
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