RE: Re : Why?11 Jul 2025 13:12
I am sure you can make you own assessments but fraud, concealment and lies, lies and more lies should not be the basis of the decision !!
Yes. $15M BUT they will operate it as a slow-cost tarter pit and the Capex needed for all the supporting infrastructure, including the ( no Capex) ore sorting plant, the no-cost solar array etc., means $10M is closer to the need. I am almost sure they will operate using an SPV with the mining contractor in effect working in a JV so that should reduce the up-front costs even further.
Yes, to the free cash flow number in terms of what we have been told.
I am sure we are very close to being told more-just before the AGM I suspect.