You are right, CMM is in the 'boring engineering' phase, but there should be some significant news released over te next 4 months, culminating with the DFS. The DFS will be pivotal, as there is still a wide range of broker estimates out there on CAPEX, AISC & LOM.
So there are some key numbers the market will be looking at, CAPEX will be high on the list, as will the % of the resource that makes the measured & indicated classification, and then the mining plan giving a hard figure on mine life. AISC will also be key, both over the LOM and in the first 1-3 years.
Without a CAPEX number, we just don't know hoe much they will need to raise. I'm hopeful it will be well below the $120mill number used by Euroz.
You are right, CMM is in the 'boring engineering' phase, but...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.43 |
Change
0.010(0.16%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.42 | $531.6K | 82.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 205 | $6.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 2986 | 24 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
