To be honest i don't think many people know CMM exists... Without resources defined at a higher level, they can't even really promote the deposit. It's a bit of a strange situation, going straight from scoping (with no economic analysis) to the bankable feasibility study! It does show how confident management/board is in the project and Barry is right, there is an opportunity to sneak in before it all becomes official and widely know by the market.
And you are right, it's going to churn out some serious cash in the early stage of the project allowing rapid payback of debt and expedited exploration. They should have few problems financing the project if the numbers come out as expected...
Thanks for the heads up Barry
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Resource upgrade imminent, says top columnist Barry FitzGerald, page-14
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