A very comprehensive report. Its notable that they are still quoting the outdated PFS, CAPEX & OPEX.
It has been predicted by management that there will be significant reductions in both. Seems by their 2016 table for progress, that it wont be to long before they announce these significant reductions. I am guessing that it will be around May/June that these revised figures are announced.
Management seem to be of a high calibre in experience and also seem to be very confident in this Ngualla project. The really good thing appears to be the timing, where commodity prices are at all time lows thus materials and labour are also at all time low costs. This will work beautifully IMO.
Ann: Presentation for Indaba, page-2
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