I think something worth mentioning: our cash position. Many perhaps look at our cash position and assume it will all be spent on the Kalgoorlie related projects - most of it will, but as you all know, we have already been spending some money, yet the cash position has been maintained or increased even.
To illustrate this:
The grey area represents our budget for Kalgoorlie & the PDF. We have been nibbling away at this, already some $150m has been spent.. the growing purple area is cash in excess of Kal/PDF budget. We are getting close to $300m in 'buffer'. Even as our spending will increase, so will income, so much that I suspect spending/earnings will largely be balanced.
So, next big question is, what shall we do with $500m+ cash?
Kalgoorie site, page-228
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