PEN 1.04% 9.7¢ peninsula energy limited

pen surging , page-71

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    binbin or anyone ...

    just a question, if the capex for the first 1.5 M lbs is $84M, once the additional expansion for more pounds for phase 3 requires another $60M

    so do i use $144M in the table like i have, or do i only use the addition $60M required? that would change the numbers significantly.

    maybe i have to prepare a discounted cashflow and NPV to account for the timing of costs..... grrrr
 
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