From the annual report (pg 78), the following capital expenditure has been incurred to 30 June 2013:
Mine properties & development 48.9
Ore processing facilities 26.5
Restoration 2.5
WIP 11.7
Total A$89.6m
I presume none of the above relates to Roseby as it has not commenced mining).
The DFS for Outokumpu showed estimated Capex of 32m Euros (approx A$50m) and NPV of $80m. I know that resourses have increased and mine life extended for a couple of years subsequently. Does additional capex or blow out in capex justify additional revenue at the tail end of the project.
The capex to 30/6/13 does not include "capital expenditure will continue at elevated levels at Outokumpu for up to 2 years" (pg 25).
- Forums
- ASX - By Stock
- boliden play
From the annual report (pg 78), the following capital...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)