5% of the relevant project area drilled.
Plenty of opportunity for optimisation.
Also another larger project showing potential.
Plus some base metal assets for down the track.
Yes it is a shame the PFS was not good and that capital costs are so high.
However the company has made clear what optimisations will give it a positive npv and 27% irr and it isn't that big an ask from what I have read.
And from what I have seen in my time invested (since the VGM days) the CNL board has always been a conciliatory and nice place to post.
There is no need for a competition between CNL and other companies and if other companies are to be discussed in detail perhaps it ought to be done on their board.
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