AGO Up up and away, page-111

Your $50/t to run does NOT factor in initial costs to setup infrastructure. The $50/t are operational costs, not investing into basic requirements to start a mine in the middle of nowhere and that is exactly where Corunna Downs is. Basics like workshops, admin offices, warehouses, accommodation & crib rooms can quickly add up to $300Mio, putting in haul roads, LV roads add another 150Mio, build infrastructure to get the ore in trucks onto Main Hwys easy another 100Mio. Purchase your actual mining equipment - pff hundreds of millions... Then you can start running & maintaining for $50/t.