Lowkey, if Creasy's tenements are consolidated into the project, let's add 50% to the production output.
Capex would increase but not by 50%. Might nudge into double figures in % terms but I'll defer to the sharper pencils on this board.
So the capex to output ratio drops and cost of capital as a share of production or revenue or cash flow drops.
More bang for a buck.
Standing Strong !!, page-18
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