Hi smij, yes of course you're right I mis-read that first bit.
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Pre-production capital costs for the project are estimated to be $73.5m, being the sum of surface and process plant infrastructure and pre-production mine capital costs as summarised in the Table below.
Capital invested to establish the Hera processing facility in Stage 1 will provide a solid platform for the expanded Hera-Nymagee Project, and offer the potential of very significant financial returns in the proposed Stage 2 development.
Item Total Cost Mining & Infrastructure (to first ore) $26.8 million Milling (to commissioning) $40.8 million Administration $5.9 million TOTAL $73.5 million
YTC Price at posting:
51.0¢ Sentiment: Hold Disclosure: Held
