CLR 0.00% 45.0¢ carabella resources limited

50 cent target for cw, page-9

  1. 9,820 Posts.
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    Agree to some extent Iceman.

    However, the way it looks to me is that the next stage of drilling is focused towards the upper north boundary so as to get it to a measured JORC. This will then be coverted into a reserve ROM and then marketable product. Given it's very unlikely the ML will be granted for +2km open pit I can see the "potential" become a lesser reality.

    Do you get were I going with this discussion?

    +10% of a company for the potential upside on Chris Wallin's land.....this is telling and the market is now suggesting it has connotations for the near term feasibility of GW.

 
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