I find it hard to believe a lower grade operation (that also means a lower than I.O spot price) will survive the next few years ...Now to think some will want to develop another one is pure dreamland stuff .....
Fact is RIO , Vale , BHP are cornering the market through their high grade,, high volume production if you company can't produce I.O for AISC $40-$50 ...then I just don't see how it will survive or get the funds needed
to head into production ...with I.O storage set to double the next few years on weaker demand ..china is hitting the wall on property growth ...
Maybe CFE should save their funds and time and just focus on resources than will be in shortfall in the next few years Nickel - Copper comes to mind .....the PM also should see a turn-round once the market have a much needed crash
I find it hard to believe a lower grade operation (that also...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $80.35K | 80.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31658116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 115578703 | 44 |
| Last trade - 15.55pm 01/11/2024 (20 minute delay) ? |
| CLE (ASX) Chart |
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