Ann: BSOPP Feasibility Study Complete - New 120ktpa Base Case, page-188

Definitely.
At face value this simply looks like pissing money up against a wall. If it's laying ground work for even further expansion then say so. The lack of these sorts of details makes it look like a coverup for shorter term overruns. All they had to do was prove the mine works, get some revenues flowing and for the most part shareholders would of eaten expansion costs. If they needed some money to finish off they should have just explained it in detail. All this does is make it look like they're incompetent and think that sort of expenditure on such little production increase is feasible.

Just doesn't quite add up, and feels like there's something else at play. Slapped hard again today with so many unknowns.