I would say there is not the original $300m but there is more then $200m if that helps.
None the less buy the time the capital intensive part of this gets into full swing we should have more than enough.
If we can continue to add $15-20m per qtr for the next 2years we will do OK.
Even if we scale that back to $10m we will still have well over the required amount.
I am betting they will do finance for the majority of the $300m anyhow when required.
Cash is king and with a new mine coming on line you never know what issues you may come across.
My confidence is high with a very successful implementation.
This is due to a number of things - The build is all taking in good time. So no rushed thoughts.
Things will always change on the run but the amount of time we have changes can be made and implemented not in a feverish mad rush.
They have done it before. All staff and consultants have been there before and know what to do.
This is a professional outfit that does not jump at shadows. A lot of Cos try to change but this one just keeps a steady ship that is bloody hard to stop at the moment and not changing course.
Most of the promising project they have going are technical ones to extract more metal out of the mined ore or previously mined ore.
For EG.
Whats this CRC product produced from the MREP project.
Isn't the MREP product made from waste or tailings from other parts of the mine?
So the CRC product is nickle made from waste of waste. LOL.
Not sure I got that right but sounded good.
These guys have some fantastic intellectual knowledge going on there.
I would say there is not the original $300m but there is more...
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