CMR 0.00% 15.0¢ compass resources limited

bad news good news, page-18

  1. 7,486 Posts.
    lightbulb Created with Sketch. 515
    Henza, u need to research the website methinks. All answers inc diagrams in there.

    Omegas Browns aint 20 metres wide ... thats the TOP 20 metres THICKNESS of a LARGE resource which is oxides above the sulphides.

    U dont go all reserves until u need to .... only as u need to over the next 30+ years. There will be enough reserves calculated for the sulphides feasibility study. We all keenly await the resources upgrades and that is probably what recent price action is all about. Should be significant given the many millions AUD spent on drilling last coupla years ... 70% at HNC's expence.

    3% Cu is the individual product ratios x individual metal prices referred back to on Cu equivalent base so u can get an idea of the richness of paydirt, varies with metal price fluctuations but around that still methinks. Theres is no Lead in the oxides to process.

    IMBOOC
 
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.