No resource upgrades since 2017, now drilling in same are as before as they only have low-confidence inferred resources, which cannot be used for economic modelling.
KAT GAP has less than 100k inferred ounces and that is what is proposed to mine.
This area was overlooked previously by other mining companies as the resource was not economically viable.
So the cost to shareholders so far without mining a single ounce is close to $100M and you are happy.
Well good luck to you then
Ann: Application for quotation of securities - CLZ, page-18
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $808.3K | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $26.54K | 25.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 186 | 364698780 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 68985448 | 12 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CLZ (ASX) Chart |