capital cost increase at lance?, page-6

Im sure this was also raised by someone else lately, that some of the figures in the latest modelling do not add up ie Operating costs of $13.70 per pound equals $20.55 million not $26.7 million , capex amortisation of $2.40 per pound equals $3.6 million not $7.8 million and one or two other minor ones that could just be rounding.Those two alone amount to a variation of $10.35 million.

I also note that they have increased the gross revuenue by $10.5 million per annum by raising the estimated per pound price from $65 to $72.

I will compile a list up over the next couple of days and send off.

Last year i had hoped they would be able to increase the production rate by increasing the size of the plant to 3 million pounds per annum, with a hoped for production rate of around 2.5 million pounds per annum.