CVV caravel minerals limited

Ann: PFS Update - Caravel Copper Project, page-4

  1. 382 Posts.
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    This is an excellent announcement by the company, which had me perplexed as to why the market didn't react. A 10-18% cost saving overall is huge. Bindi & Dasher have a 15 year mine life expectancy. 1.18 billion tonnes @ 0.24% Cu with 35,000 tonnes per annum (years 1 – 5), and 55,000 tonnes per annum (from year 6), what's not to like about this announcement. I'm sure there will be more surprises in the PFS announcement at the end of March. Watch this space
 
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