You know, I thought about this last night...
If the project was doomed. Or if the Life of Mine was only 6.3 years...
Why bother spending so much on a camp refurbishment? Why pay the extra for the spacious showers?
Just save the money and give it a lick of paint.
Why bother training apprentices if we're not making it to production?
And finally, why would a room full of analysts working at Glencore be willing to hand over $50m upfront to a project that's destined to fail.
Ignore the short term noise.
Ann: $16m Placement and $10m non-renounceable entitlement offer, page-114
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