—at least of those that are more advanced. Two companies—and please correct me if I'm wrong—have completed a feasibility study and that would be Avalon Rare Metals and Matamec Explorations in Quebec. I'd better get these right. I believe Avalon's capex, which includes infrastructure and so forth, is about $1.5 billion. Matamec is a smaller project. Its capex is estimated at $350 million right now, I believe. I should know that because I cover both companies. Then you have others at the pre-feasibility stage and until they complete their feasibility we don't know for certain. Even after they complete the feasibility study, capex usually expands a little as well.
On February 13th, 2014. See this statement in context.