re: Ann: Positive Feasibility Results at Eina... The study used...

re: Ann: Positive Feasibility Results at Eina... The study used metal prices above current prices (Copper US$2.50/lb at 0.75 exchange). Similar Copper miners in North Queensland (CUO & MRX) are both went bust last year.

There's no way a bank will lend money for CSE. The Share price & market cap is so low a cap raising is not possible. Their only short term hope is to attract a partner with a big appetite for risk and plenty of cash. Best chance is a return to a resources boom with Copper above $3/lb and even then they will have to hedge. Don't hold your breath.