Thanks for those comments Gold and Salpetie, it must indeed be a challenge to design a process to extract 4 different metals from the ore.
Presumably Telfer can handle that engineering task easily enough?
It is just that at Telfer we will have to pay toll processing fees and transport costs, which might be pricey
CMM are an impressive outfit, with 2.1m resource ozs and 1m reserve ozs, they seem something we can aspire to size-wise, using an open pit mine as well.
Now showing a market cap of $847m or almost 6 times our own, they ten bagged from July 19 to July 20, although they had to raise $65m to accelerate the mine build in Aug 19.
It just shows that if the market accepts that you are going to use it well, a capital raising is not necessarily a drawback when the time comes.
No wonder our lot are itching to get going
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