WFE 0.00% 2.4¢ winmar resources limited

Everywhere I read theres still sheet load to do.Read through all...

  1. 149 Posts.
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    Everywhere I read theres still sheet load to do.
    Read through all sections so much is missing needs to be installed
    Look at independent risk matrix item 10

    Doesn't show much confidence


    https://hotcopper.com.au/data/attachments/1475/1475069-d4a15e988887a8f2380d485caf42980f.jpg




    They don't even have detailed project cost budget.

    Imo the $2.3million reqd is nonsense , this eill require so so much more

    11.4 Project BudgetThere is no detailed project budget. US$2.3M has been allowed for plant refurbishment and an all up cost of US$10M which would include first fill, critical spares, owners cost, permitting and commissioning.To minimise the possibility of an unwanted cost blowout a more detailed budget based on the WBS should be developed.
    11.5 Mechanical Equipment ListThe mechanical equipment list (MEL) is bare bones and needs development. The new equipment needs to be added to the MEL. This should also include installed power.
    11.6 Plant DrawingsAll drawings on site are likely to be old hard copy. Flowsheets exist in electronic format. At some stage updated electronic drawing will need to generated.



    I maintain this will get dumped hard on open
    would be seriously surprised if this project gets off the ground
    If so more than 1yr away going on DRC Africa timings
 
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