General Discussion AGY, page-18278

Firstly, I haven't said that the CAPEX figure is an issue, I've merely provided an estimate of what I think it will be, and it correlates nicely with peer comparisons and broker research. It is @Rotane who persists in suggesting that I am being "negative" by providing this figure, as he thinks it will be lower. Good for him/her, we'll see who's right when the feasibility study is released.

And we can pretend all we like that the "around AUD$40m" didn't largely go to construction, but we know full well it did. If it didn't, I'd like to know where the money went, as the ESG/community projects that AGY/Puna have been involved in look pretty low cost to me.

And finally, I hope you can appreciate that you continue to contradict yourself by insisting that the 2 ktpa plant was on budget, while simultaneously insisting that there is no way of knowing how much was spent. The only thing you have to go on is "JZ said so". No numbers, no financials, nothing.