CEL 3.33% 6.2¢ challenger gold limited

Ann: Hualilan Gold Project Scoping Study, page-35

  1. 5,298 Posts.
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    I'm a great fan of the Lassonde Curve - rather crude but fairly accurate assessment tool which gives a pretty good overview of how the market views the path from exploration to end of mine. We are bang in the middle of that process ATM.

    I'm hoping that this is pretty much the bottom for CEL, so my preferred outcome would be that they sell Ecuador and use those funds to minimise dilution for shareholders on the Hualilan project which will grow substantially and become a great money spinner when they do get it off the ground.


    https://hotcopper.com.au/data/attachments/5730/5730371-a3656e7caa91ccc11c6640b22afa437d.jpg

 
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