CLA celsius resources limited.

Count Down for CLA's JORC, page-140

  1. 5,340 Posts.
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    How are the numbers going to suck? It isn't an overly complicated orebody. We know the rough strike length and depth and true width of the vein. Most people can make a rough calc on their own.

    Only real variables are what they use as Co and Cu cutoff grade on how many of the tonnes they consider economic.

    Main issue I see is some expect the maiden JORC to be in line with the ET and it likely won't be.

    I hope we see 15Mt which should be doable based on 6,500 x 200 x 4 x 2.8 (14.6Mt). Gives us an initial 7 years LOM at 2Mt to feed into an SS. We all know that can grow over time. Grades probably something like 0.13% + 0.50%. Although some of those western zones are quite strong and may help drag up the figures.
 
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