CEL challenger gold limited
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(Guessing they will mine around 478,000 tonnes and recover...

  1. plough
    35,668 Posts.
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    30/12/24
    12:05
    Post #: 77215308
    (Guessing they will mine around 478,000 tonnes and recover 70,000 ounces for US $156 M in sales on a US $22oo an oz price for gold
    Obviously costs come off sales to get cash flow so do not see how you get $300M in cash flow- higher tonnage throughput maybe in your calculations ?
    Be great if you correct and me wrong !
    CEL Price at posting: 4.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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