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The trouble with the figures is there is no detail on the capex...

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  1. 17,668 Posts.
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    The trouble with the figures is there is no detail on the capex at a sufficient level to assess the returns and risks for me

    Nick says in his video the opex is the main driver.

    That is all very well but with a NPV of about a billion or so the capex is 400mUS dollars so anyone arguing that is irrelevant is ridiculous, funding is needed to Having said that a lot depends on the nature of the capex? Is it truck capex costs, other infrastructure costs, what and the breakup is not broad enough. It is all very well to say only six percent of the resourse or whatever is included in the study but going over the other parts of the resource will require more capex, if they get there, depending on the nature of the capex being spent in the process so the detail of what makes up the capex is very relevant to myself view this prospects credentials, in fact being 403US million it is critical and more involved than a simple wash clearly


    Last edited by DavoMagic: 09/07/24
 
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