AGY 3.57% 13.5¢ argosy minerals limited

Well yes and no.Let's assume plant extension to 12000TPa costs...

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    Well yes and no.

    Let's assume plant extension to 12000TPa costs an extra USD300 and takes 3 years to build and commission.

    Assume interest only payable in those 3 years is 25-30 million a year, so they can pay that ( keep in mind that you do not loan the whole mount all in one hit at the beginning, its is drawn when required ). Once plant at name pant , profit is , by your calculations circa USD 120-130 million. So plant could then be paid off within 3-4 years, allowing some profit to be held.

 
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