merrills report, page-10

honours in finance in your eco degree not just honours in metallurgy in your other degree. WACC is guess what cost of cpaital weighted what is the cost of capital Keynes it is my good friend Galbraith the opportunity cost of the money invested in a safe place say bank interest or the actual cost of borrowing the money John Maynard. All really one and the same. Thanks John Kenneth I see your point. In years to come it would be silly for someone on a chat site to be splitting hairs over theoretical differences. Quite right the sort of differences that wouldnt affect the value of the project.

Now haemi why dont you tell us about something useful like whether thr carbonate MMX has disclosed is of much significance as I asked you once before