BFS/DFS
Queue in, GR Engineering so we need to factor in very large W.A. wages inflation during construction.
Steel, shipping, land transport, gas inflation, operating wages and expenses the list goes on.
As we all know during this part of the commodity cycle mining services are able to claw back super profits because of the above factors.
Will the new Bruce be able to tweak the production process to make up the additional capex and operational cost increases.
Previously old Bruce did it. My money is on the new Bruce so I will be adding at lower levels.
New Research Report - Valuation $1.54, page-31
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