The Uber Drivers Guild has confirmed that 40,000m drilling roughly equates to 1 million ozs gold towards JORC in the current discovered tenements without any upside exploration potential at Hualilan.
The recent Cannacord note on the CEL website outlines some very decent numbers on the met work recovery. Should make for a very reasonable cost of production margin at current POG.
Exciting times.
CEL Price at posting:
28.3¢ Sentiment: Buy Disclosure: Held
