RE:RE:RE:Any thoughts?I am surprised the capital costs for the mine has only been reported as rising from about $534 milliom to $547 million. Every other in-process mine build that i know of is giving nothing but heartache to the shareholders- IMG being the poster child on the issue.
They don't mention in the short versions of the MD & A how much of the project was fixed price, but given it is a 5 year build, most of it must end up being spot priced. Certainly the strength of the US $ can't be hurting on cost inflation dampening.
anyway, i will be waiting to see the updated mine costing in the next MD & A.