CNJ 0.00% 0.1¢ conico ltd

Ann: Market Update - Delay in Assay Results, page-153

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  1. 7,720 Posts.
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    I think you are wrong about Mt Thirsty.

    For starters, battery’s have to be affordable. There is a limit to battery metals prices otherwise uptake will be slow to non existent.

    Mt Thirsty has a low NPV, a low IRR and a high capital expense. I can’t see it ever being developed. It won’t take much for it to be mothballed and into administration.

    If Greenland is no good, CNJ is stuffed, imv.


 
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