I agree here. I find it amusing that they continue to stick to their Capex estimate whilst believing a cost blowout of such a significant amount for hawsons.
With that said, a poor engineer PFS will affect the Capex cost when the DFS costings come around. Another miner increased their Capex 70% from PFS to DFS In a span of 18 months.
hawsons had 1.4? Billion US in 2017 for their Capex for 10mtpa mine. I do agree with martyac that 3b AU for a 20mtpa mine is substantially optimistic...
Ann: Mineral Resource Upgrade, page-408
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