Hmmmm, if I can make it to AGM I think I will ask, otherwise might give them a call.
Cant see how their production profile can cost this much.
What would they have, 10-15 staff max, 8mWh per day electicity, couple of diggers/dozers running?
And I cant see how any additional CAPEX for new trommel/screens would be anything like that cost either.
What was the initial cost for the plant again, including the jig - $4-6M?? I cant remeber off hand.
I have noticed with some other companies that the figures in 5Bs seem to be complete BS at times - almost made up, could be the same here.
Hmmmm, if I can make it to AGM I think I will ask, otherwise...
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