A very thorough and reassuring quarterly from CRB - the drilling to measure the extent of the JORC is complete - they are just waiting on the assay results. The process to take copper sulphate out of the open pit water has been more than doubled in efficiency. That's the CLQ stuff at work there I think. The announcement of the drilling results should come up soon and might spike some interest once we get a sense of the true size of the resource. I'm sure the new MD and Directors had an early briefing on the drilling before signing on.
Is anyone game to re-calculate the NPV with the REVISED Aussie POG on this one? The PFS was done with AUD$1550 and at the time of writing we are at $1675. The revised NPV will be impressive especially with an estimated AISC of US$340!!!![]()
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