"Cancet will be mined in some form in 2025."
I have not seen a lower hanging fruit than what we have going at Cancet.
I am sure CE and SB have plans to mine it by 2H 2025 to capture the high DSO price cycle - build a cash bank and then build the DMS sc6 plant (no need for tailings) then Cancet remains a cash cow producing premium SC6 concentrates, so even if DSO prices drop our EBITDA and profit margins will still be very high as its not easy to produce SC6 out there.
Even PLS can't make SC6, they can only achieve SC5.5 , margins obviously are lower unless one can make SC6++ we Cancet will do
With Cancet deposit just 6 feet below surface, infrastructure already existing, 30-man camp just up the road - its literally ready to go once approved by Quebec government.
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-7073
-
- There are more pages in this discussion • 26,092 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
59.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $131.7M |
Open | High | Low | Value | Volume |
59.5¢ | 59.5¢ | 57.5¢ | $263.3K | 449.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 38113 | 58.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.5¢ | 201 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6790 | 0.590 |
9 | 34146 | 0.585 |
6 | 46427 | 0.580 |
6 | 59505 | 0.575 |
5 | 89809 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.595 | 4500 | 1 |
0.600 | 1045 | 2 |
0.605 | 16680 | 3 |
0.615 | 5000 | 1 |
0.620 | 28500 | 3 |
Last trade - 12.38pm 14/10/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |