Legendary and Pete,
Appreciate your comments but a couple of things.
1. The change in tax laws means now that prestripping can't be capitalised. As such it becomes a straight operational cost.
2. Add the 50m pre-strip to the sustainance and maintenance and you get at least 100m cash outflow here.
I acknowledge that its one (if not the best value I/O play but just want to make sure that peoples expectations of increasing cash at bank to match their market cap is not going to happen.
cheers
the fundamentals, page-8
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