Ann: WA State Government Assistance Further Benefits SOP Project, page-14

the more i look into all of the sop hopefuls the more it becomes clear that they are essentially logistics plays. all companies have operating costs that are pretty similar to the mine gate, so the cost of capital to get started, then transport product to market are the obvious differentiating factors. the capital cost is what is sinking amn and rwd imho. the transport cost for kll is a joke. this leaves apc and so4 with projects that have reasonable capital costs and the most realistic transport cost/transport solutions.

if apc can pick up another sop project or two, (or sbm hit good gold grades), then imo apc will get the re-rate that it deserves - the quiet achiever.

looking at the sp action over the past week, it looks like i am not the only one thinking apc is the pick of the bunch.