SVY
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0.00% 2.7¢ stavely minerals limited

Ann: Another Outstanding High-Grade Copper-Gold Intercept, page-24

  1. Antipater_100
    7,810 Posts.
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    27/04/22
    19:23
    Post #: 61053112
    I think he is wrong (sort of) on the capex for the porphyry.. $8-$9bn would be for very large mine like Escondida and such capex will be stretched over the life of the mine as company develops different areas of the deposit.
    Normally initial capex is around $1bn - $1.5bn.
    I think, in the rush, he did not explain this bit.. happy to be corrected but that's my understanding.
    SVY Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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