C7A 0.00% 1.0¢ clara resources australia ltd

Ann: Grant of Taronga Mining Lease, page-39

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  1. 416 Posts.
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    If you want an estimate i'd go searching down the posts. We've had a lot of figures pop up, a quick recap:

    Taronga: $140M - $247M profit currently, has a lot of upsides, expansion, recovery, efficiency improvements, etc

    Granville: ~$20M profit currently, just like Taronga has the potential for expansion

    Kilkivan region: I've personally estimated $3B revenue but no idea on the costs associated with the project. ANW says $30/t in mining costs for similar bulk-sized deposits but that seems too low imo. Once we get the results next month we might as well call this our flagship and become Aus Nickle Mining. I came here for the tin but as I look further into the Kilkivan area we are exploring the more I am staying for it also.

    With just Granville and Taronga in full production I would expect a MC of $270M, about 7x the current value we have right now so 14 cents within 2 years or so. I won't post my figures on Kilkivan until I get more info next month regarding the tristicle drills. If they turn out to be what I think they are then I'm gonna need more money to invest.
 
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