conservative is good. But gee.. we are circa $50m with about $8m in the bank versus what seems an extraordinarily conservative comparison to the t3 buyout of $228m (adjusted for copper price). That's not taking into account how much more difficult the world has realised it is to find copper deposits in the last 3 years... and the fact we have 5km of strike (still open) plus about 49 other targets within the 500km. How does this stay at $50m? I can't wait to see how this trades in the weeks ahead. My guess today... after a rise it almost always sees an immediate panic sell out from traders as the market opens (i am guessing it will get to 23) then i suspect the buying comes in again. Late yesterday it was obvious someone was trying to spook a fall at 22.5 and then buying up hard at 20ish. They might try the same on open again - but if this is the real deal the buying won't stop.
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Last
6.8¢ |
Change
-0.004(5.56%) |
Mkt cap ! $22.51M |
Open | High | Low | Value | Volume |
7.3¢ | 7.5¢ | 6.7¢ | $63.10K | 874.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58220 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 79509 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 58220 | 0.068 |
2 | 24933 | 0.067 |
3 | 195746 | 0.065 |
1 | 100000 | 0.061 |
1 | 12200 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 79509 | 2 |
0.075 | 117627 | 2 |
0.076 | 52887 | 1 |
0.078 | 231480 | 1 |
0.079 | 143705 | 3 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
7.4¢ |
  |
Change
-0.004 ( 2.92 %) |
|||
Open | High | Low | Volume | ||
7.0¢ | 7.5¢ | 6.8¢ | 156313 | ||
Last updated 15.45pm 13/05/2024 ? |
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CBE (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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