Which beggs the question how is WSA determining what is a capital development and what is part of OPEX per #
My understanding is CAPEX costs are ammortised over more than 1 year so how do you break it down what is CAPEX what is OPEX. Is increasing the depth of the decline CAPEX (guessing it is) but what about drive development to another pody ore body ?
Overall though quoting an OPEX cost is a waste of time because all companies seems to have different determinants in qualifying what constitutes OPEX costs so one is unable to compare companies.
ONly the bottom line seems to then become relevent and its not looking that great for WSA, unless they can show those development costs are going to increase mine life greater than depletion rate
Welcome to be refuted
Which beggs the question how is WSA determining what is a...
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