CLZ 0.00% 0.1¢ classic minerals ltd

FGP, page-67

  1. 1,246 Posts.
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    That could be termed "full production" one would hope we would have made some significant
    advancement in the SP, what price ??? no idea, a lot of things come into play such
    as the size of the JORC compliant resource, production rate, depth, grade,
    Normally you would say we have plenty of leverage on the up side due to a low MC
    But I think the SOI is not only a psychological barrier, but physical one as well and is
    extremely easy to manipulate.
    That's why a consolidation would be of benefit, any positive anns move the price quickly
    and in substantial moves, it makes it difficult to mess with.
    That's just my opinion, but seems to work with most, post consolidations,
    no doubt this will happen in due course, and I'll be there, this is long term for me.
 
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