CLA 0.00% 1.1¢ celsius resources limited.

Ann: MCB Copper-Gold Project Maiden JORC Mineral Resource, page-150

  1. 878 Posts.
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    Another interesting comparison.
    HMX just added 50m$ to their market cap based on these 2 holes : https://hotcopper.com.au/data/attachments/2824/2824816-608798fe0f9b7527f34771c7c8966341.jpg

    How do we compare ? Let's have a look.

    https://hotcopper.com.au/data/attachments/2824/2824835-2fa62e888fe4fcd4f3ac19a36ab6db0d.jpg

    Apply a discount for sovereign risk in your head and have a calm, cold headed assessment about how rare it is to hit these kind of intercepts.

    This shallow high grade core massively reduce the risk here and is key to the viability of the project IMO.
    Last edited by BobbyMorane: 20/01/21
 
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