resiliance, page-12

Yeah but seriously, how hard can it be to run a CIL plant, you have a mill, you run Cavex cyclones at 120kPa, 70mm VF, 56mm spigot, you add balls till the mill is full, turn on the water and the dirt, adjust the dirt and the water till your cyclones run steady, add some cyanide and Viola, you're commissioned!!

We've been running these plants for almost 30 years, there's more risk in the orebody than in the plant. And unless something is very wrong with the orebody, the grades are only going to be +/- 10%.

The startup risk with this one in minimal. Also, AAM have only promised 30kozpa, but on tonnages it will do 38.5kozpa, assuming the grade is off by 10% and you're still doing roughly 5000 ounces per annum more than promised. I think there's a strong possibility that it will do more, not less. Obviously as the output goes up, the costs go down due to the fixed cost component.