+ve feasability annouced npv = aud 155 mill CMX annouced +ve feasability upside case provides NPV of AUD 155 million @ copper prices of USD $1.30 per pound and Au @ USD425 per ounce
IRR 24%
Next step will be recalc of reserves on revised operatiing and capital cost estimates I expect should up reserves by 20% .
Revised Reserve estimatre out in one month
Expect finnacing in next 2 months
+ve feasability annouced npv = aud 155 mill CMX annouced +ve...
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