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
Night , In order to sample, Dean claimed to have only mined a...
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