BW, you are overlooking the Nature of Evolving Estimates, simply focusing on sensationalism.
CAPEX estimates evolve as projects progress through exploration, feasibility, and development stages.
These changes reflect:
- Improved data from resource upgrades and technical studies.
- Adjustments to account for inflation, logistical challenges, or additional infrastructure needs.
Suggesting that evolving CAPEX estimates indicate failure or deceit misunderstands the iterative nature of project planning in mining.
We all need to wait for the actual PEA/PFS in Q1 2025 for what AW1 has discovered in terms of the merits of this project.
(20min delay)