CMM 0.16% $6.43 capricorn metals ltd

Ann: Bibra Gold Resource Hits 1.1 Million Ounces, page-7

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  1. 7,325 Posts.
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    Yep, more likely to use $1600 in the DFS. I think the conversion rate will be quite high, maybe a touch higher than 80%, but so far it is looking like 8 year mine life, with a high probability of a resource upgrade in H2, depending on hole results of course.

    So my guess is that by the time the mill is built, mine life will be around the 10 year mark @around 100k oz pa.

    Ore Reserve due next month, DFS in July and resource upgrade and financing in H2. Lots to keep an eye on.
 
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