"It will come out in parts. It will take a while to get new capital costings as we are looking at 3mm grind rather than 1 mm grind changes the whole process flow sheet. This will need to be done before we can cost the plant in China. Hope to get the new mine life announced over next couple of weeks although every consultant seems to be taking Christmas off! Changing the PFS numbers will have to be iterative because the process has changed. More importantly we need to finish the process flow chart to commence DFS. We should be announcing a CDO shortly to get Cockatoo into production and do the DFS and get Irvine into production."
PLV Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
