"c'mon then you genius, what's the replacement value of; Processing plant 1.1 – 1.5 Mtpa able to treat oxide ores for production of 80,000-100,000ozpa Au permitted borefields 350 person accommodation village established sealed airstrip and roads approvals and licenses?
if you can build that at under $150m well you shouldn't be posting on hotcopper, you should be the MD of newcrest or Barrick Gold "
From memory MOY build about a 1.2M Tpa CIL plant for around $65M completed around 16 months ago, all new equipment with overcapacity on the crusher circuit , guessing CAPEX would be lower now given the competition in the contracting industry. Accomodation village was smaller as the plant is state of the art requiring less labour.
BLK Price at posting:
21.5¢ Sentiment: None Disclosure: Held