Yes, you know that number, because you asked me to clarify it on several occasions.
That $390 million is USD’s.
1. US$390 million = AU$580 million (at today’s FX rate).
2. LKE’s Class 3 Feasibility Study (dated 19 DEC 2023), has an accuracy margin of +/- 15%.
3. The base date for costs and Capex was OCTOBER 2023.
So, as you can see, the cost of powering Kachi is likely to be well north of $600 million, by now.
IMO DYOR
Chairman to present at Noosa Mining Conference, page-251
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