STB 0.00% 40.0¢ south boulder mines ltd

topcall44,Your back of envelope calcs are a bit too conservative...

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    topcall44,

    Your back of envelope calcs are a bit too conservative imo.
    You have only allowed for about 1/3 of the resource as they are expecting approx 1.5 billion t @ 20%. So IGV = $150 BILLION.

    Also your opex cost of $200pt is at the higher end of opex cost. STB have stated they will be in the bottom 10% of cost range 100 - 250.

 
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