"Loan Payment $40,000,000 @12% x 10 years = $573,884/month"
I have been reading indications that borrowing costs for capital equipent are comming down. As the pm sector heats up there is less risk and more funding available to miners. 12% should be easy to beat thereby increasing profit potential.
Given the massive amount of metal in the ground, the curent milling capacity is the choke point to production.
Build the mill!