CMR 0.00% 15.0¢ compass resources limited

update, page-3

  1. 2ic
    5,941 Posts.
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    New resources Devestating to holders.

    U resource tonnage down by 70%

    Browns grades down very badly
    Cu droped by 35%
    Co and Ni down by about 15% each

    in a high cost environment with ongoing high aussie dollar these new grades must increase significantly the risk of very high capex, new technology sulphides plant.

    more delays and problems and it's still early days.

    mmmmm.... where is the goodnews the market was buying or was it just a large numbers of well informed shorters covering??

    goodluck
 
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