Was wondering if anyone else had any thoughts on approximate cash we will need for Tumas?
Cash will come from a variety of sources, eg. capital raises, offtakes, debt, etc
But in terms of total cash, I've worked out $700M AUD - $1B AUD as a range (best case scenario, and worse case scenario)
As mentioned, these are just my rough estimates (I'm not financial analyst), so interested in other people's thoughts.
My reasons are below:
as per DFS, initial cost is $420M USD.. haven’t even taken into account further running costs yet
$420M USD = $642M AUD already
My $700M minimum figure is based on the fact that:
- nothing runs smoothly as planned and on budget and on time when constructing mines
- add in working capital, wages, continued exploration, supply chain issues, permitting issues, inflation, unexpected costs and delays, can see us easily hit $700M
Is my $1B worst case figure too high? or is $800M or $900M more realistic?
phish: I know you will disagree with my figures, so I would be interested if you had any figures you would like to share. If not, that's ok, but would appreciate it if you stuck to discussing the stock and actual figures, rather than personal attacks
Thankyou all
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