'Assumed processing costs of A$14/t ore' -Assumed?
They have spent $50m on a PFS following a FS and FFS over say four years (CZI has a mkt cap around $50m). I'll be kind and say the people who have previously looked a the costs and assumed them low have not assessed the parameters carefully. You don't want to run rules of thumb over this.
OZL have just built and started Carapateena on time and budget.
CZI Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held