I think the relocation of the shafts is more of an embarressment issue than a cost issue. Some of the development needing relocation has not long been constructed.
There are many miles to go on this one. eg. Alumbrera I believe was a $1 billion (give or take the odd hundred million) project. MIM financing such a large project, if twice the size, would be one of the many hurdles.
However, the reason for me raising this was more that MIM will likely strongly hit the market with the outcome of this study sooner rather than later if it is likely to raise the price paid by Xstrata.
By the way, I dont plan to buy MIM on this basis, nor would recommend that anyone buy on the basis of "hearsay". However, as you have found, MIM are already pushing the basics of the project, it is the financials that will get the most market interest.
