"Capital cost we use $671m to first production... which is 2/3rds... of Carabella Coal’s recent capex..."
CLR has just reduced its capex for Grosvenor West to $500m a few days ago.
I guess this answers one of my early questions on this thread- how one company could have such low capex- $42m for EOC- whilst CLR had many multiples of that. However, capex now looks comparable, with CLR looking slightly "cheaper". $671m is the figure I'll be using until EOC come up with something else.
EOC Price at posting:
24.0¢ Sentiment: None Disclosure: Not Held
