No, the ITE item (income tax expenses) covers that. Yes, absolutely depreciation could have a big impact which is why I had the note.
Funny, we quibble over the start up costs and forget that the actual start up costs (let's say the $60m inital purchase of assets plus lets say $140m for capital costs) is just so small to get a copper mine up and running !!!
This is why we are so far ahead of other miners in this space.
NPV predictions for Nifty, page-37
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