CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Infill Drilling Results, page-62

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  1. 40 Posts.
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    It makes sense to buy the plant now as it was available, with other buyers interested we might have missed out later on.
    Likewise with the drilling that carries on, it is required for resources and pit design optimisation which will be a requirement for the feasibility study, mining contractor, finance,and Kat garp lease conditions.
    Once the mining lease is granted then readily available Gecko modules can be mobiliosed.
    I would like to see non essential drilling developing other resources deferred until operations though as i do see a lot of negative feedback for holders that don't understand the many processes and requirements that exploration has. It makes it easy to draw the conclusion that the directors are only developing resouce data to roll it over into a new company. Maturity at board level will show a change in mindset from exploration to operations, and improved communication to inform all stakeholders
 
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