Hi Net, hmmm... even when self funding, most companies undertake PFS/DFS studies because.... it enables them to create the mine plan, undertake costings, etc etc etc (all the bits that go into a DFS). Plus as I have mentioned, I still think CMM will include the use of a debt facility. The lenders will want a DFS. The Capex/pre-production could be north of $250m. CMM may get close to that figure, but... they will want a significant buffer.
All just IMHO.
If anyone could do it all inhouse, CMM are it.
Ann: KGP Delivers Another Strong Quarter, page-18
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