Night , In order to sample, Dean claimed to have only mined a fraction of what was on the rom pad. Don't forget they only put the mineralized material there, and they had to remove 5 meters of overburden to get to that. The whole cost needs to be assessed not just the cost of processing the fraction of the rom pad , They still have not established it is economic to process the vast bulk of the rom pad that is left . If they don't have any money to do that , then that is the issue., but if it's uneconomic to mine, that would take precedent.
One can only look at the overall financial position of the company because , no production processing cost are provided, There for it is impossible to assess if CLZ is a viable mining concern . This is why it is not investment grade & therefore is pure speculation
- Forums
- ASX - By Stock
- a new begining for CLZ
CLZ
classic minerals ltd
Add to My Watchlist
0.00%
!
0.1¢

Night , In order to sample, Dean claimed to have only mined a...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.790M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLZ (ASX) Chart |
Day chart unavailable