re: Ann: Successful Completion of Southdown P... Right, am I right that $2.57b includes pellet plant in Malaysia. So if we choose not to produce pellets ourselves due to available pellet plant capacity in China we will save $941m?
That means that potential capital requirement may only be $1.629b. Thats more or less in line with previous estimates.
I think management did a tremendous job so far and they have a plan, experience and cashflow to deliver successful project delivering 10m tonnes/year of 69% concentrate.
Surprised share price didnt take off on the news. Everyone must still be digesting the PFS.
Ann: Successful Completion of Southdown Project P, page-2
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