Good Luck Cocky and for all of us.. Simple figures ... Todays gold price is $1100 more per ounce than the initial feasability price used .. 29,000 x $1100 on my calculator is $31 M extra . Surely the costs havn't followed ... Just the extra gold price adjustment is reason enough to start digging even with shovels. NPV of stage one alone is massive for a $5 M cap company.. Two more stages and whatever growth still to go.
I elected not to participate , even though I have just convinced myself above. After my initial investment in CVR, I did manage to accumulate quite a few more shares when the odd trade came up at around 10c -12 c , bit by bit it added up. I am quite certain the SP will reflect the true value once works begin shortly
CVR Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
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