Well, a fairly crappy quarterly but on the bright side, they...

Well, a fairly crappy quarterly but on the bright side, they have arrived at Read, one week later than predicted.

Did anyone else pick up on the part about the 'possibility' of reducing the cost of mine build in NSW by utilising the exisiting plant at Kangaroo Flat?

Don't know how to crunch the numbers on the data we have but it implies that there is prospect of the deal with Catalyst, falling through given that the original agreement (in Feb) referred to Catalyst having access to 'all Bendigo assets'.

Pluses and minuses either way if it does not proceed.

Anyone got their head around what could be salvaged from the Kangaroo Mine and its financial impact on the new build?

Cheers