Agree that the timing is too aggressive now. I did this a while...

Agree that the timing is too aggressive now. I did this a while ago trying to work out basic economics of a low cost starter mine with minimal plant, picking up on POD’s message incl aim to become Australia’s first PGM producer and produce a basic concentrate for shipping to the likes of Johnson Mathey for refining. Then I scaled up capex and volumes and moved it out a year but yes that’s probably too optimistic. Doesn’t change the basic economics so I wasn’t overly fussed. I was just trying to figure out what was required to get started and then what kind of return comes from the ramp up.

Reckon it’s conservative on key $ inputs but waiting for comments!