Let's do the math and don't try to make it more worst for mum and dad investor here. Hey co....In worst case scenario, clz could have 3,3b SOI, compared to the point they are coming from peanuts.Last SH burn out, or official words con splitt is not too far behind clz.But, they try to ramp up, let me say a mine, at Kat 92toz with an assumed all in cost per ounces of 1200dollar (only assumed), would mean 600 dollar per ounce rest.So, at a mc of 3,5m (today), it seems not too bad.Panic selling and many stops comes into the play and it seems the pessimistic people here get panic as well.The construction of the plant looks quite slowly, but I must say, they fulfill the works in an accurate manner.LDA capital is still there and the work is ongoing.... We can discuss about the pace, but hey, everyone who's building a house knows how it works.
The main reason (in my view) is, that nobody trust the management (incl. me) and in some cases, this is the reason why projects will not be a success.Give Kat a new BOD and this thing will fly..Just my burnt SH opinion..... But feel not like all is gone! It could still be the beginning with an income and a self financed exploration phase for Kat..
the panic selling today doesn't make sense to me and I'm for sure not a clz upramper.....BEO
Let's do the math and don't try to make it more worst for mum...
Add to My Watchlist
What is My Watchlist?