CMR 0.00% 15.0¢ compass resources limited

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  1. 7,486 Posts.
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    Spot on Apollon. It certainly has been a smoke and mirrors show all the way to keep the sharks at bay.

    And re that likely capex number for sulphides, feel sure HNC will be more than happy to hand out a billion bucks for their 50% for ops likely to run the next 50 years haha. Reckon China Inc is concerned about converting their devaluing greenbacks reserves into hard assets asap while they still have some purchasing power haha.

    The Browns Superpit is shaping up like one of the GREAT future global mines to feed a hungry globalised world. In fact amongst all else, it will prob end up being the prime primary LEAD producer probably controlling the LEAD price.

    LEAD demand is gonna continue to increase as the world goes GREEN. NOTHING can deliver the impulse load that LEAD battery does and even with hybrids and their increased use of exotic batteries (containing COBALT), they will still need to use MORE LEAD than whats in the current fuel guzzlers.

    Happy days ahead.

    We should be #1 investment priority for the smart GREEN (Ethical) fund managers if they opened their eyes. We are GREEN for Uranium, Lead, Cobalt, Nickel and any PGMs we end up finding for starters. Thats a good PR angle for whatever PR manager is assigned.

    IMBOOC
 
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