Shouldn't need to do any cap raises for a while yet.
$10mill in the bank. Open pit resource at Tick hill that can be mined in the near term for over $15mill.
Plus they have other tenements overseas and in Aus that can be sold if they strike anything substantial to focus on at Strelley and/or Tick Hill.
Even if they did need to do a Cap raise or 2 along the way, we are only at 114 million SOI at the moment in comparison to DEgrey well over 1billion.......that's a lot of cap raises.
If we hit anything decent in the next 6 months, any future cap raising will be done at over $2 per share so dilution would be minimal.
Great position to be in for a junior explorer right now.
- Forums
- ASX - By Stock
- CNB
- CNB Summary and Why Its So Undervalued
CNB Summary and Why Its So Undervalued, page-2385
-
- There are more pages in this discussion • 1,147 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
56.5¢ |
Change
-0.005(0.88%) |
Mkt cap ! $97.14M |
Open | High | Low | Value | Volume |
57.0¢ | 57.5¢ | 55.0¢ | $235.3K | 416.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 999 | 56.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.5¢ | 9571 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 999 | 0.565 |
1 | 20164 | 0.560 |
1 | 15000 | 0.555 |
1 | 200 | 0.550 |
2 | 40000 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 9571 | 1 |
0.580 | 37936 | 2 |
0.585 | 35000 | 1 |
0.590 | 20000 | 1 |
0.600 | 52141 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |