CLA celsius resources limited.

Mining / Processing Costs, page-15

  1. 3,317 Posts.
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    Few comments on a brief look.

    1. I think were looking real optimistic for a 6mt plant from the get go (says the guy that thought a 40mt+ JORC was way too optimistic). Im assuming more like 2 - 3mt. Then maybe looking to do what TAW are doing and building another if/when feasible.

    2. Strip ratio for open pit is likely to be 8-9 I think. Obviously underground is relatively close to 1.

    3. I assume you have just issued new shares to fund capex?

    This is good stuff to be looking to forecast this stuff, thanks.
 
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