CXM
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2.56% 3.8¢ centrex limited

New Broker Research, page-119

  1. lachy18
    84 Posts.
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    06/09/22
    17:42
    Post #: 63549593

    As i understand it....
    600ktpa is the upgraded pilot plant on site.
    800ktpa (if it goes ahead) is the new plant at a different location (e.g. Isa, or Townsville). This is on top of the pilot plant. In theory, they could keep both running at same time for 1.4mtpa. But Id assume you'd then want to increase resource size through drilling if producing above 800ktpa (which has 10 year mine life).
    Last edited by lachy18: 06/09/22
    CXM Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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