CNB 5.19% 36.5¢ carnaby resources limited

Ann: Excellent Metallurgical Results - Greater Duchess Project, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 425 Posts.
    lightbulb Created with Sketch. 1366
    Hi hongkie, yep that's a very difficult question at this stage tbh, as plough mentions all the unknown variables and as you noted the lack of suitable direct comparisons – many of the examples that may end up being in the ballpark are also yet to have the economic numbers put out (i.e. Cayley Load, Mallee Bull etc).
    I’m assuming that when you say ‘operating costs per pound for a processing plant’ that you are interested in a ballpark estimate of C1 or AISC? Or are you actually trying to separate the unknown mining related variables and just look at the opex of the potential processing stages post drill/blast/haul i.e. once ore enters the plant.
    Either way as plough stated its too early to tell. Need to also keep in mind it way well end up being split into an initial open-pit MRE followed by a subsequent underground MRE, in which case you would likely end up with different opex numbers attached to both.
    As a few examples (not comparisons in terms of grade, tonnage, deposit type etc)
    - Rex Minerals Hillside stage 1 open-pit is forecasting AISC of US$ 1.44 per lb Cu
    - Hillgrove Resources Stage 1 Kanmantoo underground (limited to 250m in depth) forecast of US$ 2.04 per lb Cu
    - Aeris Resources Tritton operations september22 quarterly actuals AISC US$ 4.43 per lb Cu

    part of the reason why the scoping study (and maiden MRE) is eagerly awaited.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
36.5¢
Change
-0.020(5.19%)
Mkt cap ! $62.75M
Open High Low Value Volume
37.0¢ 37.0¢ 36.5¢ $56.54K 153.5K

Buyers (Bids)

No. Vol. Price($)
2 16756 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 24697 3
View Market Depth
Last trade - 15.42pm 15/11/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.