CJO 0.00% 13.0¢ cerro resources nl

I hope it is the feasability study for Cerro, in there scoping...

  1. 522 Posts.
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    I hope it is the feasability study for Cerro, in there scoping study they used $900 au and $15 ag and had EBIT of $260 mil, at todays prices you would have EBIT of over $800 mil. that dosnt include the copper side of Cerro and with the price of copper at the moment they could be tempted to mine that as well.
    I also wonder if they have an update on Mt Philp, anyway just hope price keeps going up, price up 1.5 cents to 25.5 in canada as i speak, so might get another up day here

    blueboy
 
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