CDG 0.00% 7.0¢ cleveland mining company limited

Turning point

  1. 1,367 Posts.
    lightbulb Created with Sketch. 310
    According to the last webinar and Lavra update DM is forecasting the production of 100kg-120kg($60million) of gold per month once the processing plant upgrades are complete(pretty much NOW)and the nursing in period is over . (8-16 weeks) ... Last update regarding Lavra also mentioned a secondary 100tpa plant being installed next year if warranted. (Depending on the trial pit of Lavra)So that would be approximately 120 million dollars of gold per month..And our Market cap is 10mill (last time I checked). I'm predicting a huge next 6 months for cleveland , and the next 18 months even bigger. I think everyone needs to go back and listen to the figures quoted in the last webinar and do some calculations.
    Good luck to all and DYOR
 
watchlist Created with Sketch. Add CDG (ASX) to my watchlist

Currently unlisted public company.

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