Stage 4 mining is expected to deliver a profitable return on our investment. Valuation studies show mining of Stage 4 will cover the full cost of the acquisition of Cockatoo Island including estimated rehabilitation costs and deliver a positive NPV. The acquisition cost and internally calculated NPV are not being disclosed due to commercial sensitivities, but will be advised after the definitive agreements are executed in January 2012.
have these been disclosed yet?
PLV Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held