CRB 0.00% 0.4¢ carbine resources limited

Yes Snake, if gold holds these levels or even improves then we...

  1. 103 Posts.
    Yes Snake,

    if gold holds these levels or even improves then we are looking at a very comfortable margin. But the recent suggestion of an increase in pyrite production up to 1 mtpa with a corresponding increase in gold and copper sulphate output once the plant is operational, and we have a good understanding of the processes and capabilities then we are looking at a real bonanza with revenues well above $150m pa! of course such a ramp up in production is some way down the track and would require capital outlays to increase the capacity of the plant and processing system but its a nice thought to keep in mind about the possibilities this project could deliver.
 
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