So many unanswered question from this management..
Heres my take from a long termer..
Our poor grade 57 IO price needs to be a minimum of 135$/ton to be feasible to mine.
The handling costs are the killer and were grossly miscalculated in the feasibility study.
We still haven't had a costing from management after the wet plant operations...Hopeless..
The only way i see this operation getting going again is if IO prices hit the highs we saw in 2021 or we improve the quality of the product to 59..
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-118
Add CRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.06M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $14.46K | 1.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3538707 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5396062 | 9 |
View Market Depth
| Last trade - 15.46pm 17/10/2024 (20 minute delay) ? |
| CRI (ASX) Chart |