i honestly don’t know depends on the enthusiasm of the parties involved. I’d be surprised if it even surpasses $20M
because this will be a non-refundable payment to the government, who ever wins aside from Alara will need to finance a study for 2 years then finance a mine build for another 2 years it could easily be 4 to 5 years before they see any return on their investment. In Alara’s case we can start generating returns in less than 24 months. Big difference when it comes to return on capital calculations
i honestly don’t know depends on the enthusiasm of the parties...
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