Hi Trigger26,
The most recent costing I have seen, was found in the ASX release on 26 November 2020 (from MDI), where they estimated the cost to refurbish the plant would be $10.3m. I added roughly 50% to that amount for my guestimate of $15m, as the MDI estimate was a few years ago now. I am hoping that we get a new update from AUN, that can give us an accurate figure.
The MDI costing was to reburbish the plant to 500ktpa or to process 500,000 tons (of ore) per annum.
IMHO
Ann: Refreshed Drill for Equity Agreement with Topdrill, page-12
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