'The project has also been subject to review by the EPC...

'The project has also been subject to review by the EPC (Engineering, Procurement and Construction) contractor, which has now provided a fixed price of US$ 1.42Bn for the processing plant, mine infrastructure and port facilities.
Other project capital, including the mining fleet, pre-strip and power line are expected to cost a further US$ 300m – US$ 400m.'

The extra capital comes down to the final sentence in the above. How MMC gets this will be the interesting point. Hopefully with the least amount of dilution and/or loss of further ownership.

I agree with Oscar. I think the picture will change a lot over the next 6 months. Just hoping they can meet the deadlines.