Some of the stuff posted is pure garbarge..Mineline is not 11...

Some of the stuff posted is pure garbarge..

Mineline is not 11 years . The PFS was done on the Southern end only. Its reasonable to assume when the Northern end is incorporated it will be a 20 yr plus mine life - PERFECT FOR THE CHINESE !!

Yes Capex is high but have ppl being living under a rock.. There has been a increase in all projects - a fact of doing business in Australia. I very much doubt it will be that high anyway.. These guys have been ultra conservative.

So a JTC partner. I reckon a payback period of 3 years( based on this info) so for a Chinese group ( who produce there ore at $100 per ton) to have a 20 yr mine life PLV will be a bargin.

The selling this morning... Prob most of Hotcopper.