CMD 0.00% 0.6¢ cassius mining limited

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  1. 686 Posts.
    lightbulb Created with Sketch. 136
    After selling the Tanzanian lithium tenements, Cassius (as a mining company) has a single prospect left, limestone in Madagascar. This link will help to elaborate on the shipping aspects from current suppliers around the world. Who will be paying for the infrastructure required to transport and load the ships? If the argument is that revenue is from local sales, let’s see the business case with ‘all in cost’ versus sales forecast, not sure how much concrete Madagascar will need, but it’s probably not as expensive as Cassius will need to reap from their operation, if it ever? gets off the ground

    https://www.handybulk.com/bulk-limestone-shipping/
    Last edited by emugrasshopper: 15/06/24
 
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