"On the 1st March 2011 the Rocklands Project was costing $200m - 32 months later it is close to $400m."
Jantimot,
I was one of them that was being blasted, TOU'd, and subsequently moderated for saying that we needed around $350 to $360 mill dollars to get us to mining, on the grounds that it was just some unsubstantiated information. At the time I also stated that I was told so by a person with the finger close to the pulse.
Anyway, it now shows that what I was told, and which I wanted to shares with the posters here at the time, was correct.
Everything should be okay from now on IMHO. What we will have to do though, is to make sure that we can and will keep to the commissioning schedule and don't experience any further delays for, if and when we will start to drawdown from that facility, the clock will start ticking for the repayments.
Regards Buddy
CDU Price at posting:
$2.34 Sentiment: None Disclosure: Held