Thank you very much indeed for that correction, the "AND" slipped my reading (there we have it - English is not the same for me as for native speakers). The fact remains that from the reports alone it is impossible to allocate the capitalized costs to the different mines and areas which is somewhat frustrating when at the same time detailed data is given regarding AISC and production volumes per production site (RRL report on Moolart Well, Garden Well, Rosemont and Tropicana). It would be very interesting indeed to learn how much of the accumulated capitalized costs are attributable to the different sites. As long as that cannot be determined it is difficult to put a finger on individual valuation necessities (i.e. the potential write down of capitalized costs in the case McP should get a disproval).
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Ann: Quarterly Activities Report, page-89
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