Ann: Capital Raising, page-11

I'm only dabbling with them, Kissie, and you are right about the costs... MCT is currently double IBG's capital, although they do suggest it will be significantly reduced. From my experience, it will be a few years before they get things really going.

http://www.metalicity.com.au/sites/.../files/2015-10-12-breakaway-research-note.pdf

"Kagara completed a JORC-2004 compliant resource estimation as part of a PFS completed in 2010, during the height of the recent boom. This PFS, which envisaged a $1 billion capital cost, used AUD denominated zinc and lead prices of $2,600/tonne, which are broadly similar to current levels. We would expect that operating costs (which were not released by Kagara) and the capital cost have the potential to be significantly lower than those used in the Kagara PFS."

Also, this maybe of interest, from October 12th, 2015:


For full disclosure, I'm into most of these in various ways.