CXM 2.56% 3.8¢ centrex limited

low mine life capital risk, page-41

  1. 58 Posts.
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    You accuse others of making "hair brained conclusions", yet you state the following:

    "The mine life can be easily extended to 25 plus years."
    "Exactly. The resource is open. These guys talk 25 plus years to the professionals."
    and
    "Screenshotting old and historical information lacks meaning when things have advanced since then."

    But you provide nothing to back up those claims.
    You conflate the concepts of exploration targets and open resources (they mean very different things in the mining industry), and present them as virtually guaranteed extensions to the life of mine disregarding any practical or economic considerations as to whether they will ever be reserves.

    This is a good project run by a solid bunch of people, but unless you're going to back up these claims you make with some solid evidence then they'll have the opposite effect from what you intend. Do us all a favour and present your evidence, and don't just ask hundreds of us to each independently bug the people running the company when their energy would be better spent getting this project off the ground.

 
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