When the metallurgical magicians have cast their spells and performed their alchemical mastery of turning our rocks into money , only then will our brave little company have the sturdy foundation on which to grow this multi generational asset .
When the market valued Chalice at $4 Billion without anyone even asking the question about how the metal would be liberated and what it would cost to do so . There is little wonder that CHN is now valued at around 10% of it's former MC after the rocks spoke up because the "Bean Counters" gave it the thumbs down due to Excessive technical risk and the pineapples were administered liberally throughout the fundie fraternity.
If our rocks can sing a song somewhere in the ballpark of 75% of the metals recovered by using a conventional floatation circuit then the "Bean Counters" can confidently calculate the quantities of cash generated per ton of rock and give their masters the official nod.
Our clever team of leaders knows full well that it is the "Bean Counters" that need to be convinced with regards to the merits of the project not the great unwashed (Retail Shareholders like us).
Will the Rock Dr's get the official nod ?
I don't know anything,
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Ann: Company Presentation to 121 Mining Investment Conference, page-117
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1 | 15000 | 0.165 |
2 | 225000 | 0.160 |
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4 | 133299 | 0.150 |
Price($) | Vol. | No. |
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