CMR 0.00% 15.0¢ compass resources limited

reminder about browns lead

  1. 7,486 Posts.
    lightbulb Created with Sketch. 515
    With LEAD now nigh on 83 c/lb and racing ahead at warp 1, it is timely to be reminded that BROWNS SULPHIDES, due for release circa 2009, is one of the few remaining undeveloped GLOBAL CLASS PRIMARY LEAD DEPOSITS.

    Even so, LEAD only accounts for probably one quarter of future earnings flows from CMR's one-stop resources supercycle "supermarket".

    And importantly further, LEAD at around HALF current price is probably enough to cover the entire OPEX of the Sulphides.

    BUT I aint gonna be deceived into expecting ONLY 4 mill tpa sulphides will be the go. The boys are playing hide and seek on this methinks.

    Agree with HOTS that this Cinderella Plumbum is gonna be the start of the ball coming up. Well ONE star at least haha ....... there are sooo many praise Zeus !!!

    IMBOOC
 
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.