Ok but that was also included in the report ...
- The Nachu PFS contemplated a US$171m capital project (including a 10% contingency). The PFS highlighted significant opportunities for improvements in capital costs. We expect the BFS due mid-2015 will refine this estimate and include potential CAPEX savings. MNS announced on 2 March 2015 that it has signed a project financing MoU with SINOMA. As project financing discussions are preliminary, we have assumed a funding mix of 70% debt (project finance) and 30% equity, and estimate that MNS will require an additional $82m in equity in 2HCY2015.
Do you care to comment on this asumption following this morning annoucement
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- bell potter speculative valuation only .33c hmmmm
bell potter speculative valuation only .33c hmmmm
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