So many highlights , I dont know where to start .
The Rasp mine will certainly have a huge impact for CBH . The estimate is that they have enough ore for more than 20 years .With Endeavour having resources for about 20 years also ,should put them on a higher PE compared to a lot of mid life miners.Endeavour mineralisation is still going down and sideways , so who knows how many years they have ,but you can bet that the extensive exploration out at Cobar and Broken Hill ,will give them another elephant .The appointment of David Vink as general manager for Endeavour is great news .
He was in charge of mining operations at Olympic Dam for BHP and has also had stints with Rio and at Mt Isa in management roles.
You dont get much better than that !
Along with Stephen Dennis as new CEO , the calibre of management is more in keeping with that of the future blue chip status ,that some on here believe is where CBH is headed ( including me ).
The excellent increase in production is another highlight ,as they hadn't really started on the higher grade sections and finnished development yet ,so we can expect big things in the new year from Endeavour when everything is up to speed .
Another Highlight for me is the actual report.
The quality of the information in all aspects of their operations in the last two reports has just been fabulous ,and management need to be congratulated for it .
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So many highlights , I dont know where to start . The Rasp mine...
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