CSE copper strike limited

Rather than more drilling, Cashflow could be gained quickly by...

  1. 60 Posts.
    Rather than more drilling, Cashflow could be gained quickly by reworking Einsleigh.
    Surely the Einsleigh deposit could be put in production quickly. .83Mt @ 3% copper at $9285 per tone $Aud with a convservative 70% recovery give a gross cashflow of $156 million. Conservatively it might cost $80 million to process this. Leaving a net cashflow $74million.

    It is only back of the envelope calcs. Any comments welcome??
 
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