CEL challenger gold limited

Ecuador & the Lumina Gold Aquistion, page-3

  1. 2,641 Posts.
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    Essentially, my napkin maths is estimating if CMOC/Cangrejos decide to buy & mine out CEL's high grade starter pit for 3 years. It will give them a additional $1B USD over 3 years vs not owning & mining it as the start of their operataions. If they pay 100MUSD circa C$150M Canadian, thats a 10/1 pay off for CMOC in 3 years, then they can use that extra coin to drill out the rest of El Guayabo & Colorado V. Its currently 9Moz and there is no reason why they can't double that again. Extending life of Mine in Ecuador.

    Its

    A

    No

    Brainer
 
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Last
9.0¢
Change
0.000(0.00%)
Mkt cap ! $186.0M
Open High Low Value Volume
8.9¢ 9.1¢ 8.5¢ $240.3K 2.753M

Buyers (Bids)

No. Vol. Price($)
1 347083 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 47214 1
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
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