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To: Rocket Red who wrote (130450)1/17/2014 11:22:08 AM
From: STOCKLOR  Read Replies (1) | Respond to of 233882
 
CGD missed again



To: Rocket Red who wrote (130450)1/17/2014 11:28:25 AM
From: Acton  Read Replies (1) | Respond to of 233882
 
Good NPV but need to raise $600 million in capex.

"Total initial capital expenditures for the acid plant option (including contingency) are estimated at $284.74-million. Sustaining capital, which includes the acid plant built in year three, water treatment facilities and production well field, are estimated at $602.4-million. Net closure costs are estimated at $44.5-million. For the non-acid-plant option, total initial capital expenditures (including contingency) are estimated at $284.74-million. Sustaining capital, which includes the water treatment facilities and production well field, are estimated at $528.8-million. Net closure costs are estimated at $42.3-million."



To: Rocket Red who wrote (130450)1/17/2014 11:32:49 AM
From: STOCKLOR  Read Replies (1) | Respond to of 233882
 
Nice move, missed it, and I know one of the Directors. I'm slipping:) Actually, haven't done much with the shit exchange, but have been buying up lately since the bounce off mid Dec. bottom. Covered most shorts in resource, very productive '13. Time to go long??