So the company is living off monthly rolling loans at annualised 36% interest rates.
Lots of grammatical errors throughout. Not surprising given the quality of Madhu's announcements.
The resource is based on a cut-off of 0.5g/tonne (ie uneconomical grades). People who think this is a good resource have rocks in their head.
You would have to be the dumbest person in the entire world to think this Company is ever going to have a gold pour, let alone be profitable.
Have they even determined what the strip ratio is for the open pit????? Has this been disclosed anywhere?? OH - right - no DFS therefore they actually don't know the economics of the project at all.
Embarrassing mob
So the company is living off monthly rolling loans at annualised...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.017M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CLZ (ASX) Chart |
Day chart unavailable