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#Risks
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Added 2 years ago

Saw a tweet while searching for something and encountered a snippet about CAI being cheap vs CMM with CAI predicting 90K Oz pa while CMM is producing 100K+ Oz.

Anyway going back to some slides

The original DFS.

80186e8e68a8eae08cb650288386f89da5cfcd.png

And latest update:

dbf06c6f848b77b441744d908cbe68af171795.png

Doesn't look like they will hit any of the numbers in the DFS.

I also noticed CMM gets its share of critics for being a lower grade high tonnage resource versus one such as CAI which is higher grade. But the difference is CMM has more consistent grade.

Think CAI is starting to learn some valuable lessons. It would explain why the share price is suffering while they concentrate on other projects such as lithium