It was somewhere inside there npv expressed as $/share
Stage 1 should ebit $40-60/mtu if costs are in the $100-120/ mtu region
Stages 2-3 I would expect higher, but who knows how much.
The cashflow they talked up for stage 1 makes no sense as yet.
I don't think it would break even until stage 3 well under way.
capex for hard rock, page-6
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