RED 1.19% 42.5¢ red 5 limited

Been trying to get a handle on how much its going to cost us for...

  1. 748 Posts.
    lightbulb Created with Sketch. 187

    Been trying to get a handle on how much its going to cost us for a processing plant at KOTH. Best that I can come up so far is from 2008 when SAR reported that it would cost between A$120 mil and A$150 mil to replace their Carosue Dam 2.4 mtpa plant. They refurbed it instead. Not sure how much that cost. Extrapolating that cost through to 2019 my guess that you wouldn't get much change out of A$200 mil to build a new one. As I've posted before, I would like to see a 5 mtpa plant on site to get the most of KOTH which would probably add another layer of cost.

    Can anyone attempt a better estimate than this?

 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.