The capital cost was in the PFS in 2017 as $215M. I’m not sure if that was based some optimistic assumptions but that number has been thrown out the window since. I listened to the conference calls throughout 2020/21 and the numbers crept from 300s, to high 300s, to ‘solid 4s’ last I remember. And this was actually before the inflationary spike with construction costs too. It was also before whatever conditions that come with the approval.
I’ be surprised if it was as high as $650-750M.
RRL Price at posting:
$2.20 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)