CEL 1.61% 6.3¢ challenger gold limited

News: CEL Challenger Gold Forecasts EBITDA Of US$738 Mln Over Life Of Mine For Hualilan Gold Project, page-3

  1. 1,548 Posts.
    lightbulb Created with Sketch. 323
    Weird random article. Seems Auto generated from the previous study.
    738 is USD so 1.1bn AUD.
    Then they haven't calculated the $150m US Dore saving.
    Or the possibility of the removal of the 8% mining royalty tax. which is another $150m US saving.
    I am using 1.25bn AUD as the 7yr LOM payout. But a few more drills will add 200koz. Open at depth and along strike.


 
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