CRL 0.00% 2.0¢ comet resources limited

I'm curious... why would a company decide that is...

  1. 10 Posts.
    lightbulb Created with Sketch. 1
    I'm curious... why would a company decide that is commercially viable to go back into a site that has already been mined years ago. wouldn't the asset in the ground have been extracted? I guess what I'm trying to say is why would a company like this think that they can do a better job than the previous miners in the same site? In my simple mind I guess it's like trying to wonder why your company might decide to go back to a place like Hill End to search for gold.. 100 years after the site was fully extracted. i'm sure I'm missing something obvious but I'd appreciate your thoughts on this..
 
watchlist Created with Sketch. Add CRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.