Ann: Engineering Studies Completed, page-6

Is this for real? Thats a huge reduction. I was impressed enough with what they have optimized so far.
CAPEX costs according to analyst predictions where looking to total anywhere between $450-650 mill after the extraction flow sheet optimization.
Now we have another $175 mill off via construction optimization.
GGG is going from a 1 billion CAPEX in 2016 to something now almost costing a 1/3 of that!
The IRR is going to go through the roof with these savings and finance will be ever more easier.
This next quarters Feasibility Study announcement is going to be an epic one as GGG seems to be going from the longest mine life lowest cost REE producer.
To the longest mine life lowest cost REE producer with the one of the cheapest start up costs and the only one I currently know of that has an immediate off take of mineral concentrate partner without even having to build full facility to do so and even before its even gotten its ML.
All these announcements have been coming together impressively well.