valinvestor please explain why EER won't be paying over the odds in terms of capex per mt of production? The pre feasibility may turn out some interesting # but I doubt it.
Unlike EOC's MDS project that will confirm early next year that it's aiming to be in lowest cost quartile with modest capex (sub $60M) for 1.5mtpa from FY13.
Additionally Tim is definitely no spruiker and knows more than almost anyone in the industry on what it takes to get to production. He is very excited about Rockwood PCI and will already know the indicative economics behind it.
Otherwise generally agree with you comments.
Stay turned all....IMO watching the top 20 will provide some clues.
EOC Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
