re: Ann: Update on Business Plan and Key Exec...
Deposits holding 300,000 to 500,000 ounces are just not economic to build a new plant.
The replacement cost of Las Lagunas is close to 150M.
Plus you guys make it sould so simple. PGI have been "in production" for almost 2 years now and we are still another year away if all goes pretty well.
I can see how easy it would be to convince a banker to finance you with 150M.
First question - How many other sites around the world are there
one
How are they going
Took them 3 years to get it to work.
Who were their technical consultants
Xstrata
Who's you technical consultant
Xstrata
Bankers get up and leave
Ann: Update on Business Plan and Key Executive Po, page-67
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