it'll be benchmarked against AKE James Bay, which needs 380m usd capex for a 2mtpa DMS operation.
if this rumour is true, then we have to consider purchase price, any plant upgrade capex, any share of road capex, and additional opex to move the ore 60km south from to the plant.
If the capex side of this equation is sub-250m usd then it might be a good deal.
Ann: Trading Halt, page-211
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