I think you will find that the IRR is not high enough to justify going ahead with the project at this stage. not robust enought for bank financing.
have a look at the IRR on the IGR feasibility study released in April/May 06, IRR of over 70 or 90%.
Even that wasn't good enough for management, they want more ounces.
IGR a better bet in my mind, wouldn't want to be the people that bought CSE in the mid 50's.
I think you will find that the IRR is not high enough to justify...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CSE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.80M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CSE (ASX) Chart |
Day chart unavailable