Notice the similarities in chart shape here:
CZN:
A lot can happen in 3 months, once a resource has been proven up and a stock starts to run:
The risk takers like myself, load up at these kind of levels when stocks are flatlining. It's how you make massive gains when they do run.
Waiting for the breakout is a safer policy, but you'll miss out on profit multipliers.
So we have a < $5m MC, c $1m in the bank, proven existing reserves, former mine / no regulatory issues, highly likely shallow deposits about to be mapped / added to the already sizeable JORC, Chairman on board with a track record of turning $5m companies into those worth hundreds of millions (helped turn JBM.AX into a $3bn concern), nickel about to be heading into a boom as EV's move away from reliance on cobalt towards nickel in their battery chemistry (high grade battery quality nickel deposits are like hen's teeth, most are only good for the steel industry without huge processing costs to upgrade them).
Not to mention the likes of BHP and Vale looking for new "greener" projects.
What's not to love?
(well, other than a history of poor management before Terry Streeter came on board to steer the ship in the right direction).
I might rattle the tin tomorrow. Would be cool rounding up my holding to 10 million shares.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.339M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $6.221K | 1.244M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1074190 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2233847 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1074190 | 0.005 |
20 | 5660811 | 0.004 |
12 | 7637335 | 0.003 |
7 | 8801000 | 0.002 |
8 | 15300024 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2233847 | 6 |
0.007 | 2372440 | 7 |
0.008 | 761130 | 4 |
0.009 | 500000 | 1 |
0.010 | 149999 | 1 |
Last trade - 10.24am 27/09/2024 (20 minute delay) ? |
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CZN (ASX) Chart |