CRI 16.7% 1.4¢ critica limited

Iron Ore & Tin price, page-213

  1. 1,297 Posts.
    lightbulb Created with Sketch. 165
    Yes it will verify we have more minerals are available but profit is based on what comes out of the ground, Andrew is saying 2 ton a year, if the feasibility study says more can be taken out of the ground then the valuation changes. The time scale will change from say 8 years to maybe 30+ years just at a lower level of production maybe who knows, thought I'd point this out as it is significant to what most would have estimated.
    Last edited by levendful: 03/07/21
 
watchlist Created with Sketch. Add CRI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.