CMM 0.16% $6.43 capricorn metals ltd

Resource upgrade imminent, says top columnist Barry FitzGerald, page-8

  1. 7,325 Posts.
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    As Barry Fitzgerald mentions, IF the numbers come out as he mentions below, it's very cheap at $70mill MC.

    Production - 100,000 p.a
    AISC $1000 +/-
    LOM 8.5 years (this is what made me sit up and take notice)
    CAPEX $120mill

    DFS due in a few months

    $1o mill cash in the bank (fully funded to mine decision)

    One large virgin open pit. simple metallurgy

    plus strong exploration potential...

    Crap, just talked myself into a position.
    Last edited by Barolobill: 03/04/17
 
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