CDG 0.00% 7.0¢ cleveland mining company limited

Gold price is at an all time high (AUD$) which is nicely...

  1. 276 Posts.
    Gold price is at an all time high (AUD$) which is nicely coinciding with the start of the processing of the Lavra ore. If we are getting the indicated grades through then the company should be generating some good profit. Gold is currently trading around 15% higher then that proposed in Clevelands forecast model assumptions. We might get a little peek at this potential in the 1/4ly report at the end of July but the July-September quarter will fully capture the Lavra processing and we'll see then what this company can do.
    Drill results will be coming through over this next period as well so I am thinking there could be some movement on the way!!
 
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