CPL 0.00% 2.2¢ csl finance plc

Hi AnnemcYour statement that "it is the outcome of the drill...

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    Hi Annemc

    Your statement that "it is the outcome of the drill program which will be the 'new' news and maybe the level of detail in the PFS and the quality of who has signed off on this" intrigues me somewhat. I recently heard, albeit probably 4th or 5th hand, something similar in that the results of the PFS are being singed off by a second party which will give the economics off the PFS all the credence needed. Given the PFS is being completed by Wardrop, who are internationally respected, there must be a reason CPL has engaged a second party if this is accurate. Can anyone confirm? If this is accurate a company like Wood Mackenzie spring to mind as CPL has used their coal market analysis and projections in previous presentations. If so, any validation by them would be outstanding for CPL and their marketing efforts.

    Conjecture at this stage however.

    All comments welcome.

    Regards

    Danash
 
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