I think CZI may have a touch of RXLitis. The results are just not quite one thing or the other. Just looking at the results there were some very good widths but the grade was poor and there were a few very good grades but with only narrow widths......and all this against an Ni price that looks like it want to crash and burn again. 1% grade, even with whopper widths, doesn't cut it, 2% would have been good and >3% would have been met with great enthusiasm.
It is early days and they may still eventually eek out an economic deposit but I would be thinking more RXL and less SIR at this stage of the game.
Just IMHO.....
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Last
3,311.2 |
Change
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Mkt cap ! n/a | |||
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