Hey Calm, any chance you can estimate just how much is left to spend before Federation reaches steady state? I find it tricky to work out, when for now, they cannot truck more than 200kt p.a, and from my read through, the implication seems to be, that even when they do get the increased trucking limit, it won't move a lot higher until the plant is upgraded? Which in turn leads me to wonder, just how much further capex is needed for Fed, the plant, increased mining equipment needed for Fed expansion overall. I guess I am trying to look through to say, 12 months time (realistic view, not rose colored) and what sort of position AMI will find itself in.
Cheers.
AMI Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
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