RE:RE:RE:RE:Thierry overviewHi reddog11 , a friend has pointed out to me that the PEA numbers are probably much better than I thought . I re-read the report once again . In a long article like that it`s easy to miss the important parts . The restart will cost approx. $322 million but there will be cash flow in Q4 of the 2nd of 3 years of the restart . $322 is the 3 year price tag but take $180 million in expected cash flow from that .
So now it`s $322 - $180 = $142 million . There will be some extra costs the can`t be avoided but here`s something . The PEA was done at a copper price of $4.05 . For some time now copper has been bouncing between $4.60 and $5 dollars US . That is a big difference and has ever possibility of going higher . No wonder CEO Ian Berzins said in the nr , he is ": extremely pleased with the results "