Good point Shelcomm but the board has approved $1.2B for expansion enabling works at OD. This is the pre-work to strip the overburden to get to the ore. Packages are already out for budget costing i.e. airport, mine maintenance facility, water facilities, power etc etc. But a $1.2B commitment is only a twenty fifth of the required capex to go ahead with the project.
I would have thought to buy Extract for $4B and put OD on a delayed expansion would be a better strategy ?
Good point Shelcomm but the board has approved $1.2B for...
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