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0.00% 12.5¢ consolidated tin mines limited

aud/commodity prices., page-16

  1. Early1
    5,527 Posts.
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    17/12/13
    12:25
    Post #: 12710233
    What do you mean, Mina?

    Are you talking about all those holes with tin deposits close to the surface, extending Gillan's resource base and reducing the Opex?

    Given that our PFS had a NPV of $110 million based on a 0.65% Gillian JORC resource at a base tin rate of $24k/t in Aussie dollars...

    And now a significant improvement in grade, and with the tin price currently above $25.4k/t PLUS the significant reduction to the CAPEX...

    ;-0

    Any guesses to what our NPV would be now???
    CSD Price at posting: 8.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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