It patently obvious that AMN will need to spend more on trenches and ponds to compensate for their grade. Maybe they are getting mates rates.
We know that RWD has to build the road, that's $40M of capex.
AMN will need to pump 1.5x the volume of brine to match output assuming equal evaporation, seepage and recovery. That equals 1.5X energy costs which could be reduced if AMN implement solar. This would increase upfront capex.
RWD 10yr Festive Season Performance, page-30
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