Ann: POSCO Transaction Completed, page-79

Because it is planned to be producing less and therefore using it's resource slower....

Wouldn't bother that much with DFS LOM for SDV. They could triple reserves based on resource number and then someone said above they are planning on doubling production. That results in 1.5x LOM and double production.

Much better numbers in that case. Based on some economies of scale 50ktpa might cost US$700m in capex. That is GXY entire MC, let alone the fact they have a few hundred million in cash. Speed is key though. Mt Cattlin is a marginal asset. The quicker that GXY can get moving on SDV and JB the better and the share price might start to reflect some value.

@Guanxi was for 100% of Wodgina. Now both parties own half.