DFS on cosmos /odysess early next year? $190M estimate cap ex for 12kt per annum approx
They are most certainly in a position to virtually fund out of cash flow, similar to OZL with Carapateena (900M capex and sitting on $650M cash)
Ni up, AUS $ up also
If the US fed folds and stays dovish then metals can rally on the weak US $
smashing, page-43
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