CMM 4.89% $4.67 capricorn metals ltd

Hey JSS, sounds great and I am looking forward to your...

  1. 11,724 Posts.
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    Hey JSS,
    sounds great and I am looking forward to your results.
    The June Q is going to be quite interesting, as whilst producers are seeing higher prices, they are also seeing costs creep up, and have issues with staffing. Plus the usual non-sustaining capex lumps which are rarely as smooth as the producers hope them to be.

    I expect CMM to not report AISC until the Dec Q, as they won't be in a hurry to declare commercial production, which they will hopefully reach in late July/August (just a guess), as it's a big plant.

    Good luck with your 'homework'! rolleyes.png

    I was just pondering CMM again, and it's quite amazing, that RRL was happy enough to spend $1b after costs on Tropicanna (30%), but.. not even spend $150m on CMM back when it made its approaches for a T/O.
 
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