$PGLC / T.PGLC Initial CAPEX principally includes costs to construct leach pad space for initial leaching operations, plant upgrades, optimization and relocation of the crusher facility, mobilization of contract mining equipment or down-payment on equipment purchases for self mining, and start-up equipment and supplies. Sustaining CAPEX includes additional leach pad space for later years of production, normal maintenance, and wells, drains and other de-watering activities.
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