Just looking over the recent RRS presentations again for CMM. It's reassuring when they were saying they have two very large systems and they can clearly see another million plus ounces from the other pit which they haven't even put into the equation. They also mentioned they are really only just getting started on the exploration front.
Also mentioned they were expecting about 100 mil from the banks and because of the strip ratio they should have enough to get the mine up and running, looking at the loan paid in less than 3 years. Gets me excited to hear that again
This could truly be a fantastic story and outcome for the Australian gold mining sector and shareholders of CMM.
Bring on that funding.
Ann: Karlawinda Optimisation Study Delivers Increase to NPV, page-183
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Last
$6.49 |
Change
0.050(0.78%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.37 | $6.461M | 999.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2845 | $6.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.50 | 4682 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
