They appear to be looking beneath the overburden at depth so this will be UG. Thus you need some good grades to get this to stack up and good data.
I suspect the cash and effort put into Opuwo puts this project years closer to a mine. They have put so much effort into this I would prefer they spent $6M on trying to get a farm-in agreement or get the open pit sorted somehow.
Unfortunately it's an all or nothing play. If they can dilute the project, get a buy-in and get the scale of the mine in play then that is the only option. LFB project is 5 years off.
DYOR
CLA Lachlan Fold Belt Gold HOT HOT HOT, page-107
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $10.42K | 947.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7183605 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6947610 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CLA (ASX) Chart |