A very good presentation from CMM. Looks like we can expect:
1. Reserve upgrade to increase LOM
2. Optimisation studies to reduce both CAPEX & OPEX
3. Production commencing CY2019 Q3
The net result will be a significant increase in NPV and the applicable FCF multiplier for use in post production valuation. All to the good and a share to hold onto as the future unfolds.
Please DYOR
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