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0.8¢ critical resources limited

Ann: Further Outstanding Assays Extend the Mavis Lake Swell Zone, page-69

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Lilow

9,194 Posts.

2362

25/10/23

23:57

Post #: 70540846
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Originally posted by BakedBean ↑

That is a very good question and I guess only time will tell.

I was just looking at GT1, again not invested there, just comparing.

They have 22.5Mt @1.14, spread over 10 main assets, and if you take a look, their holdings are substantially further from existing infrastructure, mostly approx 200km north. The spread of assets alone would add cost to their operation. That said obviously looking to come to the table with a few major holdings to mine first, and expand on the 22.5Mt they have, but I would say but I think our single area (not including graphic lake) right near dryden and infrastructure, should set us up nicely comparative to GT1 after the MRE upgrade.
I'm guessing GT1 is the only other asx listed jorc MRE in Ontario that Alex was referring to?

yeah the 1.6b is why it's kinda apples ot oranges with the sp, like they were at $1.2 just over a year ago, now @ 40c which is why MC is a better metric to compare I guess. IMO.

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Totally agree with you mate. I am still confident that CRR will still be up there with GT1 over given time.
And correct Alex was referring to GT1 as we were one of only two who had JORC resource out there in the same vicinity.

CRR Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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