APC apc minerals limited

HOT OFF THE PRESS AGAIN, page-4

  1. 7,080 Posts.
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    It will be interesting to see what the final debt:equity is.
    Clearly there is more to come with respect to the debt package. The question is whether the overall capital cost has blown out. Was NAIF working off the DFS numbers or the likely FEED outcome?
    MS mentioned revisions to the bore field and cost savings in this area (as per KLL they probably won't know if they have got their model right until they start pumping).
    Shareholders could either be looking at less dilution than they were expecting or a capital cost blow out. It may well be the former.
 
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