CEL challenger gold limited

Ann: CEL Targets Q2 2025 Production via Investment & Toll Milling, page-8

  1. 1,542 Posts.
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    That's what I thought on first pass reading but really at worst it's what $12mil to get it up and running? Kris stated it would be in the order of US$5-10mil a month ago so it's ballpark. If Kris's assertion there won't be further dilution (???? big call I know) holds and this funds Hualilan to full production negating the need for further equity or onerous hedging then I'd think it has to be a strong positive. It'll take time but if things pan out as mapped, you have a self funded explorer/developer with a serious mineral endowment needing little to no further capital to pay its own way to proposed full production. That I like.
 
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Last
9.6¢
Change
-0.002(2.04%)
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