Eye on re-starts: POS has started to prepare for production re-starts at both the Lake Johnston and Mt Windarra projects within 6 months of financing. POS estimates restart costs of approximately $11m at Mt Windarra and around $12m at Lake Johnston. A re-start at Black Swan for around $12m in start-up capital will occur at a later date and funded from operational cash flow.
View the DJ Carmichael Retail Flash Note here >