This is a million dollar question, saying this, we know so far the selective mining approach will use low capex plus premium grade mining thus maximizing profits . One of the biggest mistake old management made was having very high capex. My anticipation is atleast we gonna reduce it by 50% coz of the above approach we r using. Infrastructural development cost was major portion out of high capex last time . Since then we have totally different approach to this project with skilled management. Example is we gonna use existing infrastructure now and onus is on SA Govt to provide basic infrastrucutre in my view ,infact they have already started working (Port Playford).
As i said many times before, remember PFS is a show case of the project. Not only for us but also for game changing Next Ore Tech. Low Capex would not be an issue IMO if we come up with good PFS especially with promising future ahead with positive PFS. GLTASHs
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