The interpretation of the Como report to me is quite simple but...

The interpretation of the Como report to me is quite simple but for others it appears to be something else. To me it clearly does come up with some flaws but nothing that warranted the panicked response that happened. Yes it was a sanity check but any overruns in pure $$ terms was mostly funded 

The report is not really comparing apples with apples and this is probably what Sproule will dispute. Those people (and it is a specialised field requiring decades of experience) that can understand the report know this. Como and Sproule have different opinions on how to construct a mill but it also shows there was not going to be a massive cost overrun IF they had stuck to the original strategy.

It is pure dynamite because it clearly demonstrates the current boards incompetence in understanding what is what. They simply do not have a clue and have used it out of context to justify what has been an utter disaster with Munckton right in the middle of it all

As stated before if the report was comissioned before Dixons presentation and he was in anyway suspicious about cost overruns then he is toast. He has lied pure and simple. I still personally think he is just incompetent and had it in for Sproule and Harper who he suspected were trying to take control of the board and the running of the company.