The current IRD PFS is a bit ho-hum really. Would have liked to see 20Mtpa numbers rather than the 12Mtpa. Then you would be able to compare well with CAP. Shareholder5 - are the number quoted for CAP the 20Mtpa case? If so, might need to wait until we see the Stage 2 stuff before comparing.
On another note, I might be mistaken but it looks like the slurry option is super expensive. If the pumping stations listed on page 11 relate to the slurry pipes overall cost of the slurry options is over 500M. Hopefully Stage 2 includes costing for rail. Also why do they use an 80c exchange rate, is that the long term average?
IRD Price at posting:
$1.14 Sentiment: None Disclosure: Held
