Why not judge the stock on today's merits?
Investing or speculating is about future potential, you can't make money betting on past events.
CZN today is capped at $8Miln, has $1.1Miln in cash, only $600K of debt.
They own 100% of their Lynn Lake deposit, have a 100Kt JORC resource at depth and have begun to prove their model for shallow mineralisation.
With $1.1Miln in the bank, they can do up to 10,000 metres of drilling over the next 6 months to build on the current JORC.
Drill rig is on site and should commence drilling in this week or next.
You can't fake results, their last were outstanding - no denying it. They weren't old holes or twinned, that was fresh virgin ground they hypothesised would have nickel and copper then went and proved it did. That is exploration and a success. Don't take that away from their geologists.
I was lucky enough to get filled for more at 0.4cps and almost double my position so very happy with CZN. They got the placement done at 0.35c and looked after everyone. No one was given favours.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.007M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 5247189 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 438850 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 5247189 | 0.005 |
24 | 10140259 | 0.004 |
12 | 6803665 | 0.003 |
6 | 9301000 | 0.002 |
7 | 13800024 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 438850 | 3 |
0.007 | 2927797 | 10 |
0.008 | 1834480 | 8 |
0.009 | 500000 | 1 |
0.010 | 569443 | 2 |
Last trade - 16.12pm 05/11/2024 (20 minute delay) ? |
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CZN (ASX) Chart |
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