Ann: ASX Price Query & Response , page-7

agreed but the capex talked about for the style of plant was significantly higher

the following was taken from a Hartleys report in 2011


Gold-copper porphyry deposits continue to be highly prized given the high tonnage potential and possibility for large gold and copper production. Also, the mines generally offer low operating costs (well below US$500/oz for gold and under 90c/lb for copper) and offer long mine lives (>20 years). Conversely, the capital costs to develop porphyries into mines are extensive, commonly over US$2b.

so for a company that was really noisy with announcements after announcement a year ago they are going to need some serious backing in the longer term - would be very safe returns even on a low gold price though

who has a spare $2 billion ??

DYOR