ML,
I shld add that I'm not sure if that NPAT of $50m is for production of 1.5mlbs pa or full production of 3mlbs pa.
I wld assume it is for the initial startup of 1.5mlbs.
That's why we just need to wait for the DFS. That will give us all the current info.
Gus is stating that he will have 70% of that production under supply agreements, so I wld not listen to the chatter regarding oversupply etc etc. Looks like there is plenty of demand for PEN production.
Cheers
ML,I shld add that I'm not sure if that NPAT of $50m is for...
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