CUR 0.00% 40.0¢ centaurus resources limited

announcement out, page-12

  1. 9,892 Posts.
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    That would fit with the "two weeks' quoted in the announcement.

    The critical factor for me moving forward is the time frames concerned as this I believe will be the major driver of the SP.

    The JORC is, IMO,likely to be at or close to the low end, 5 or 6mt, but this will only be the start, the targets are still open laterally and at depth.

    If the feasibility study comes in looking good for an early start up then they will be in excellent shape. The Liberdade project may not be the flagship development for CUR, the main IO play may be Itambe as there could be ~100mt of high grade there!! (or more!)

    Whatever comes in the JORC will just be the first scratch in the surface IMO!!

    Long term hold for significant capital growth (started already) and medium term yield - 2010 maybe???

    Cheers

    Cabe
 
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