CEL
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4.00% 5.2¢ challenger gold limited

Ann: CEL Completes $6.5M Placement to Accelerate Exploration, page-60

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  1. scittyandcross
    5,334 Posts.
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    28/01/20
    09:19
    Post #: 42594375
    Yeah pretty much - I've gone back and had a listen to the presentation.

    Its the thing he got into trouble with ASX about - basically he suggested that even if all we end up with is 600,000 oz's then its simply matter of $12M for plant from China plus $12M for works and we'd be producing 65,000 oz a year at around $600 to $700.

    6.05 onwards


    CEL Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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