Very good financials, post tax NPV, low ASIC, IRR, & payback time.
We can be very confident of a much larger MRE, to add to the 860k ozs, as below states
"Area D and Karakara Mineral Resources remain open and Western Splay is also likely to
add to the Mineral Resources in the near term
• Resource growth expected to continue from significant untested exploration potential on
the Diamba Sud and adjacent Bondala tenements".
(And other areas being drilled)
CHZ is very undervalued, @ only $45m MC.
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- Ann: Scoping Study and Resource Update at Diamba Sud
Ann: Scoping Study and Resource Update at Diamba Sud, page-2
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