Surely investors are panick selling on financing and flow sheet which is super weird on a day where other gold projects were slightly up (gold operators I.e. Newcrest, should be discounted from any index analysis relevant to CRB because finance risk is the risk here, not margin).
What risk would you rather take upfront: geology or known resource, EME and plant with geological uncertainty that you pay for in increased mining and processing costs or a relatively EME free operation and the ability to change feed cost free with a proven processing tech...I can't get my head around the panicked sellers, but their loss should be others gain. Agree re long haul but patience is a virtue!
Ann: Quarterly Activities Report-CRB.AX, page-83
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.655M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3076167 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1617239 | 9 |
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