TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Jul 24, 2014 12:28pm
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Post# 22778258
RE:What is a reasonable expectation?
RE:What is a reasonable expectation?As construction and demobilization costs are part of the overall budget, the projected 1.878B, I would say all construction on all circuits needs to be complete before final cost is known. Wait for all invoicing to come in, which may be a few months after completion. I'd say if construction was completed in Q3, final cost would not be known until Nov/Dec of this year. If there are further delays it will be longer. I think production will be underway before we know final costs. So, there should be lots of good news to pump up the SP before cost figures are released- if there are overruns, and SP falls,, at least it will be falling from a relatively higher price.