buys carrapateena , page-62

Hi Cu1
For certain reasons HT1 doesn't post during the day(office hrs) so you may have to wait late afternoon for a response from him

But I think HT1 took into a/c the capital cost in the D and A component (kept it the same as P H for a longer mine life)
HT1 did not do an NPV, he indicated that it was a mine profit calc. We can all choose where we think the average copper price will be, so the time to access the ore is not that relevant.
I have read other estimates of the capital cost starting from $700m (Highgrade report - I will not publish - you need to subscribe) - HT1 would appear to have chosen a mid-point in the P and A amount.
The other issues HT1 will need to respond to.