Oz, I think you should call Chris to discuss with him your concerns.
No companies I know of release detailed cash flows to the public of projects..
Also, if you think that doing a lot of work on electric vehicles for Kalkaroo was really relevant to the project, that's your opinion.
I think it is more relevant to the Olympic Dam operations. No one would think it is relevant to determining if the Kalkaroo project was to go ahead.
Key matrix would have been NPV, Cashflow, Capex, payback and potential size of the project. ie through expansion drilling.
They spent a hell of a lot of money to let him down gently. $40m.
I think BHP were genuine in there decision. For them and most companies, its about what was the best opportunity for them that meets there internal hurdles.
Also, try getting the people to run multiple new projects. There is a huge shortage of qualified Trades. My son in law is an electrician in the mines, and he say there are many jobs on offer. The companies cant fill the vacancies.
GLTA
DYOR
Oz, I think you should call Chris to discuss with him your...
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