All it means is that AVLs BFS has holes attached to it and any assumptions associated with their advertised opex has to be bought into question.
If the AVL BFS was accurate Vincent Algar would still have a job but he butchered it!!
If you run the numbers using 10.50USD per pound and the published C3 cash costs you get 4.5 years payback not 7.3 years as printed. The number should be 10 AUD or an $8.69USD assumed long term price then it works as 7.3 years!
But let’s not dwell on that point shall we!
All it means is that AVLs BFS has holes attached to it and any...
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