RWD has a new CEO !, page-26

If all the aus hopefuls got up
Then Australia would increase word supply
By over 25%
And 20 times what Australia uses

Margin will be well back on today’s if this was the case

This is why first mover advantage is so important
And also why RWDs failure to capitalize on their 10 year head start is so horrific

The operations with large capex won’t get of the ground if a competitor is already in operation
The banks will be reluctant to lend the money in fear of a collapsed price
IMO RWD and AMN capex will be closer
To 500 000 0000
They need to start at 400 Ktpa to make the spreadsheet work
In AMNs case they don’t have grade on their side

They could go through KLL or RWDs waste and be at the same starting grade of their deposit
So I think the numbers they supply are very light on