Thanks HAC30, have we been given any indication of when Stage Two is expected to be built?
Based on the updated PFS, my understanding is that Stage Two will require $270m capex which can be funded by Stage One. It will take roughly five years for Stage One to generate $270m pre-tax cash flow. So if NZC is looking to do the whole thing on its own (unlikely IMO), earliest stage 2 start date is roughly 2024?
I suppose we could bring Stage Two forward by taking on debt now...
Apologies if this is all obvious to other holders, I'm just starting my research into this company.
NZC Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held