Nice to see the cangrejos NSR down to 3%
Mining tax code looked pretty poor last time I checked.
Post tax NPV doubles to ~$3B at current POG. Some decent economics, obviously fairly heavy capex and low IRR without a higher grade starter op. CEL should fair better on that front.
Another tier 1 opportunity. Excited to see results here over coming months. Should give a better indication, and I expect to see ave grade into the 1+g/t eq towards the centre of the anomalies. 800m @1g woukd be a different proposition all together. Also nice to be in a position where you dont need to chase a headliner from the first hole. That will come in time im sure.
As we all know, the district has 10-20 (30?)moz potential. These lower grade bulk tonnage deposits should function as a great gold price proxy going forward. Every $100 in gold price has massive impact on economics
Nice to see the cangrejos NSR down to 3% Mining tax code looked...
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Mkt cap ! $99.47M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 13.25pm 03/05/2024 ? | |||||
| CEL (ASX) Chart |