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3.13% 3.1¢ stavely minerals limited

I think he is wrong (sort of) on the capex for the porphyry.....

  1. Antipater_100
    7,719 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
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    lightbulb Created with Sketch.  Great analysis
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