CSE copper strike limited

Value, page-2

  1. sle
    11,004 Posts.
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    Yep well before tax SYR holding around 65 or so million for CSE. I think what I took from the announcement was that they were testing the water so to speak before increasing production. 99.9% at 1245 tonnes equates to over 60 million annually but more importantly imo it indicated the approximate % amount at this level, which no doubt the likes of Glencore if they are interested would be looking at intently imo given the overall reserves! For want of a better term imo a "pilot plant" type scenario.

    Bought CSE for exposure for any t/o action for SYR.
 
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