I only had a brief read. Will have to have another look at the annual report from last year as well.
The spend I see will be coming as a result of the independent operational review currently taking place.
For example - This review, which commenced in January 2016, is focussed on identifying and scoping the additional mine infrastructure required in the upper levels to take the mine to a depth greater than Level 8, the current operating mine level.
The current high AISC is due to waste infrastructure projects.
MML Price at posting:
60.5¢ Sentiment: Hold Disclosure: Held
