Ann: Suspension from Official Quotation, page-61

Thanks dbd25

I think costs have increased rather a lot of late so there might be an *ouch* there?
The opinion is based on plenty of news stories in the local press including this recent excerpt in the spoiler
(I put it in there as the company referred to is not TMT)

But happily EVERY new enterprise will be wearing those extra costs?
cheers

Spoiler : Costs soar:Gold mine celebrates early start

https://thewest.com.au/business/mining/red-5-dodges-inflation-bullet-by-going-hard-early-c-7688350
Red 5 dodges inflation bullet by going hard early

Stuart McKinnonThe West Australian
Sun, 31 July 2022 4:58PM



Red 5's King of the Hills mine near Leonora. Credit: Tony McDonough

Red 5 boss Mark Williams reckons the price of building the company’s recently commissioned King of the Hills gold mine near Leonora would be about 50 per cent more if it was being built today.
While surging costs and labour shortages have caused blowouts and delays on projects by some of the big iron ore miners, King of the Hills was completed on-time and in line with its original $226 million budget thanks to a judicious decision Mr Williams made just before the global pandemic arrived in Australia.
In March 2020, Red 5 tapped the market for $125 million and locked in long lead items and fixed-price contracts for the project, even before it had completed its definitive feasibility study.
The project was built over the subsequent two years with Red 5 celebrating first gold from its new 4.7Mtpa processing plant in June…..
etc