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4.35% 4.4¢ eq resources limited

tungsten producer in feb world class potential, page-12

  1. Todays
    1,401 Posts.
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    23/12/11
    13:12
    Post #: 9481849
    For Info CNQ cashflow is as follows.

    Announcement dated 22 Feb 2011.
    Tailings, Production 50t Mth EBITDA $5Mil Yr Capex $4Mil Mine Life 2 Years Start up 2011.
    Low Grade stockpiles. Production 100t Mth EBITDA $15Mil Yr Capex $20Mil Mine Life 5 Years Start up 2012.
    Hard Rock. Production 200t Mth EBITDA $30Mil Yr Capex $5Mil Mine Life 10 Years Start up TBA.

    I also looking forward to the following.

    Updated JORC release.Estimate Easter.
    Updated Scoping Study with independent valuation. (My estimate is Easter)
    Tara Tin Drilling plan $ Budgeted for in the last capital raising.
    Also the distribution of Fitzroy shares (FRY)to CNQ holders.

    Sit Back and enjoy the ride.

    Please DYOR.
    CNQ Price at posting: 11.9¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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