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1.2¢ corella resources ltd

Nicely put investie. 6 months is not a long wait in my mind and...

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332 Posts.

164

07/10/21

11:34

Post #: 56627870
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Originally posted by Investie: ↑

It is all about patience in this one. The story will build with the MRE, Offtakes, a Pre-Feasibility and people will start to realize how this project stacks up against it peers. I am keeping my eyes firmly on ADN and their resource as they seem to be the flagship.
So far, the drill results and brightness results, in my opinion CR0 are superior to ADN.
Next is the resource size, resource quality and in particular how much of the high grade ore there is and the impurities that exist.
After that I am looking for some serious discussions with offtake partners who should being getting some product now that the brightness data and assays are out.
And finally the PFS will show us the costs involved. I am particularly interested in initial CAPEX here and the process flowsheet (simpler the better)

I believe all this will take probably 6 months..

All in MY Opinion. Not Investment Advice. Do your own Research.

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Nicely put investie. 6 months is not a long wait in my mind and I hope that timeframe comes together.

I am keen to see a PFS and most interested in the mining costs. This resource is at the surface so should be pretty low cost to mine. Put it into the high value HPA market and I think it will be very profitable indeed

CR9 Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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