capital cost of 226mil was to be paid in 25 months at $2500 per ounce. This was back at ffs when we were only running at 4Mtpa not the 4.7Mtpa.
I mentioned previously RED had not updated their figures as they are the same ASIC in ffs in 2020 and 14th Oct 21. Oct21 still references asx announcements back in 20.
So add in Darlot feeding extra 700ktpa at minimal cost to truck to KOTH. Producing more ounces effectively with the same cost of the plant running for 4Mtpa.
If this is the case ASIC goes down, hedge closed out sooner and capital payback sooner
Or will the life of mine extend out?
Why have they not updated this? Waiting for the plant to get up and running?
capital cost of 226mil was to be paid in 25 months at $2500 per...
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Last
32.3¢ |
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Mkt cap ! $2.193B | |||
| Open | High | Low | Value | Volume |
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| RED (ASX) Chart |