GREY:ADEXF - Post by User
Comment by
MurrayMacon Aug 10, 2012 4:54pm
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Post# 20205747
Kadillac, re: start up costs....
Kadillac, re: start up costs.... "Start up mine cash flow of 2.9 billion. Does anyone know if that is what they require initially to get the mine up and running?"
Hello Kadillac........no, Capex of $1.2 billion plus contingency is what's required for mine start-up.
I can't say for sure, but I believe what the press release is stating with respect to "Start up mine cash flow of $2.9 billion".......is Discounted Cash Flow [net] for the project.
Blessings,
Murray