CMX 5.88% 3.6¢ chemx materials limited

cmx announcement

  1. 165 Posts.
    Anyone seen CMX's latest investor relations announcement. This company looks very very promising

    At a milling rate of 2mpta Dinkidi can deliver an average of 220,000oz/pa gold equivalent (approximately 140,000oz/pa of gold and 13,000t/pa of copper) in the first 10 years. Cash costs to average US$216/oz equivalent, getting as low as US$172/oz equivalent. Total costs should average US$282/oz equivalent.

    With the current gold & copper prices CMX should be valued at $1.15 per share.

    Go CMX!!
 
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