CVV 0.00% 16.0¢ caravel minerals limited

Ann: Scoping Study Confirms New 23-Year WA Copper Project, page-9

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  1. 1,256 Posts.
    lightbulb Created with Sketch. 36
    Shady
    boliden is company that owns several big mines Aitik being a copper one with similar low grade.

    I just visited their web site they seem to be making good money,

    As for porphyry think it might be a metamorphosed something!? Probably not critical that the genesis is nailed down.

    Looks like good upside as is a big area with relatively limited drilling outside resources (which look like they are open).

    There are some better grade zones and further exploration could delineate more?

    Yep i agree with bly grades are low but market cap is very low for the scoping study npv

    Think strip ratio is very good looking at sections and very thick ore zones.
    xx


 
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