CNJ 50.0% 0.1¢ conico ltd

Ann: Trading Halt, page-108

  1. 2,574 Posts.
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    GreatW Conico was an even bigger gamble in 2021 because very little hard data was available on the Greenland ground. CNJ's intel has increased as a result of season 1 which I believe boosts the potential for any discovery.

    To the tiresome, jonny-come-lately naysayers, CNJ is an exploration company for God's sake. It is high risk - potentially high reward.

    CNJ benefited from significant market interest last year, with the CNJ share price multi-bagging - many happy CNJers took advantage of the significant price escalation and weren't left crying in their beer like this thread's choir of misery (even though that misery is related to sister entities - go fugging figure). Smacks of 'LOSER". I doubt that will happen again in 2022, but will if something significant or potential is uncovered. Base metals are hot and will remain so given the current and future supply imbalance.

    ALSO, Mount Thirsty is now in play. A relatively modest asset, but with the move away from sourcing cobalt from Russia and the DRC, it has become even more valuable.

    If anything, CNJ is a less risky bet than 12 months ago and I will be adding to my holding at current levels.

 
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Last
0.1¢
Change
-0.001(50.0%)
Mkt cap ! $2.201M
Open High Low Value Volume
0.2¢ 0.2¢ 0.1¢ $2.006K 1.005M

Buyers (Bids)

No. Vol. Price($)
33 30328968 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 54822945 42
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Last trade - 15.25pm 17/09/2024 (20 minute delay) ?
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