SIR 0.00% $2.52 sirius resources nl

Sakumpu Exploration acquisition?, page-4

  1. 3,322 Posts.
    waste of money, better to take over a cheap junior with working processing plants or bid for bhp mill at kambalda or smelter in kalgoorlie for $100M,

    Capex reality blowout will not appear now as its all so cheap at current diesel and staff costs are cheaper, wait till sept to dec QTRs 2016 to see the real costs of new buildings/mines in the nullabor.

    Sure capex appears $20M cheaper today, Rob Dennis is getting this show on the road, the engineering construction contracts will be just the start, fixed price tenders no doubt, just like at Perth Arena with BGC/Leighton....still in court for budget blowout and variations over $300M blow out inthe budget and that was in the Perth CBD, whats it gonna be like in stranded nova/norseman with FIFo workers, no roads, 45 degree heat, down tools boys every 2nd day?
 
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