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3.90% 8.0¢ castile resources ltd

Charts and analysis, page-56

  1. BobbyMorane
    921 Posts.
    lightbulb Created with Sketch. 880
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    22/08/20
    10:03
    Post #: 46735162
    That's where the resource upgrades come into play.

    The extra Opex for the depth is already offset, mainly by the copper credits and a bit of Cobalt/Silver credits as well.

    The best way to amortize the extra Capex is to extend the mine life so the initial investment isn't as relevant in the big picture.
    CST Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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