The total additions to property, plant and equipment over the last three years were $16m in 2014, $42m in 2015 and $41m in 2016. The key point is that all of this capex was funded out of internally generated cash flow and the investment requirements over the remainder of the mine life will reduce significantly.
The capitalisation of deferred stripping costs also hit a high of $57m in 2016 and will be high again for this half year but should fall once they access the main ore body.
Ann: GRR - Quarterly Report for 3 months ended 30 June 2017, page-21
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