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4.44% 8.6¢ meteoric resources nl

Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-103

  1. ChinaSyndrome
    3,717 Posts.
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    09/07/24
    16:51
    Post #: 74675940
    It does sound like a lot for CAPEX but it does include a hefty contingency.
    A reality check ~ back in 1987 I managed a $16M gold mine build, that was for 500kpa.
    As a general rule of thumb inflation doubles prices every 10 years, so that would be about $300M in today's money.
    IMO $400M for a 5Mtpa processing plant is not unrealistic
    MEI Price at posting: 13.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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