Ok so it’s the hardest rock in Australia,
some of the worst grade. Low mine life - Greenfields has possibly 50,000 ounces and will be depleted next year.
How much CAPEX for Bonnie Vale, CNX and Brilliant?
Austrailia worst debt ratio, market cap $35m debt $115m soon to be $125m. What’s to like here? It’s a serious question.
CNX looks like another Greenfields so it will be interesting to see if it’s even mined.
https://amp.abc.net.au/article/10808558
Old but still relevant!
Some answers to our concerns about Mar Qrt, page-9
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