i think these capex numbers are great by the way.
so 107 mill,,,, even at say rp200 margin, thats a payback of some 107/200 = .53 mt to pay it back,,,and at 1mtpa, we're looking at around 6m of prodution.
And after that, well, is it not about expansion, and ramp up.
ask any new mining company if they would like a 6m payback on their capex?
WOW. Well, thats the minemakers factor we all recognise as distinguishing MAK above the rest.
Think they will have trouble even showing this to a bank??
Think the banks will understand the math?
cheers
great announcement, page-39
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