thought we had 12 months ..., page-15

Thanks systematic , that was my next question to the forum , what is "retort" , if that's what it is why don't they just say new plant , and it possibly explains the large expenditure for this quarter.

Does this mean that the new plant is costing around $4m to $5m?

If I have read their report correctly and your answer on what a "retort" is , then is this the cost of saving CCU from sending their excess resource outside to be converted to sliver dore ?

$4m or $5m as a one off cost to have all the production in-house to a non-mining techco seems a lot . I would like to know what does it cost to have the excess produced outside compared to the cost saving of producing it in-house.

I think every investor should ask these questions to CCU as I have always believed that they have to be more transparent to investors.

I hope I am missing something.