The plan outlined at the last AGM wasn't for the full stage 2 to be built. It was for a two part - Stage 2 approach. The course grain circuit would be expanded (easier to get up and running) and the fines would be stockpiled. I remember JB stating that AJM could sit on 330kt/y for a few years. The cost for this would be about $60 mil from memory. Seems like a wiser expansion approach to me. Stage 2, course grained alone, should be relatively easy with the experience gained from the initial build.
With regards to quarterly costs, the only real unknown is if the $20mil projection is on track or not. The production numbers are largely known. I'm hopefully it will be a good quarterly. I mean this likely goes hand in hand with SS putting in more money. Doubt they'd want to drop all the cash if the quarterly was going to be dismal.
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