OTCPK:CRZNF - Post by User
Post by
oldmanmikeon Apr 01, 2016 5:00pm
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Post# 24722009
Thanks 10moving100
Thanks 10moving100Appreciate your comments. My background, athough not in mining, has been in doing business plans for $250M+ projects during the 70's, 80's and 90's. Maybe a little dated but the process hasn't and doesn't change much..I have a pretty good idea what to look for and so do bankers.
Thanks for helping all of us out with the rock numbers. Seems to me mined ore goes through a crusher/crushers before going into rod and ball mills in preparation for the flotation process to take cake(concentrate). Don't know all the processes but I did work in a mine as a student in 1972. Don't recall you saying too much about project financial risk analysis. I would certainly like to see negative conditions that brings this project to break-even. Is it todays commodity prices less 10% or less 40%. That PFS showed numbers going one way only, up!
Bottom line is, if you can't convince an ol' fart like me how will they ever convince seasoned up-todate pros? Just testing the waters. Cheers