Upgrades yes, sustained production, possibly, possibly not. I'm not really too sure, however David's comments that going to 100% enables easier tapping of equity markets leads me to expect one sooner or later. The plan indicates no cr is needed this calendar year at least, but this mine has the potential to be 75-100ktpa I think in the future so capex for that may be required, although it would be good if it came out of cashflow. CDG need a major drilling campaign and a multi m oz jorc to get instos on board. CDG has that potential in due course.
Waiting with intense interest but the constant selling is worrying
CDG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
