I thought your question was perfectly reasonable, and have been wondering the same. The fact that Duchess was one of the highest grade copper mines in the past, and that our 50M past hit is equivalent to the strike that sent HMX rocketing is very relevant with the outlook on copper. I was trying to guesstimate what size tonnage we might already have and given the details in last press release thought it could be around 100Mt copper at the moment. Bear in mind that production of just 10MT per annum with a 1% grade or better is 110M revenue, even 1/3rd profit if treatment was available could be a significant income to CNB. As I see it, our cash and copper assets alone are worth our market cap and anything gold-related is a free bonus. When I first got into CNB, Strelley was not even a factor in what the company was worth, and I'd be very happy for them to focus on the copper assets in a more aggressive fashion. Back in today at 22c as I don't think the market has recognised the significance of CNB's copper assets yet. This could change.
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Last
65.5¢ |
Change
-0.040(5.76%) |
Mkt cap ! $106.6M |
Open | High | Low | Value | Volume |
70.0¢ | 70.0¢ | 64.5¢ | $145.5K | 216.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 8155 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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67.0¢ | 17781 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8155 | 0.650 |
1 | 10000 | 0.645 |
4 | 17400 | 0.640 |
4 | 68793 | 0.630 |
2 | 12000 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 17781 | 1 |
0.680 | 7455 | 1 |
0.685 | 4477 | 1 |
0.690 | 2957 | 1 |
0.695 | 50000 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
65.0¢ |
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Change
-0.040 ( 4.41 %) |
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Open | High | Low | Volume | ||
69.0¢ | 69.0¢ | 64.5¢ | 59665 | ||
Last updated 15.59pm 03/05/2024 ? |
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