CUX 0.00% 0.6¢ crossland strategic metals ltd

tmr index, page-16

  1. 15,535 Posts.
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    The development at ALK with toll processing is an interesting one and perhaps an opportunity for CUX if they can work up an economic concentrate.

    As you say the CUX resource is potentially huge (although we have no idea of what's economic and what's not) but the trump card is the possibility of early production while the hard rock miners are still scrabbling for financing.

    The fact that processors are now putting their hands up to fill the shortfall in CREO supply is very encouraging and a toll arrangement allows the miner to capture a much bigger percentage of final sale price.

    IF they can prove up an economic concentrate CUX may get very interesting.
 
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