Sandfire's T3 deposit spans less than a kilometre along strike and grades are comparable to the hole CBE just released (assuming assays results are consistent with their pXRF readings). CBE has defined mineralisation along strike several kilometres already. The chances of there being a similar or larger deposit IMO are high (the last hole is economic if it's continuous). Normally when I'm writing about such potential with previous discoveries we're already looking at a MC of between $100-400M (RTR, GAL, CNB, AZS, etc). However CBE currently has a fully diluted MC of around $35M. That's a very good risk to reward proposition because even getting to just $100M MC means a tripling of the share price from here
- Forums
- ASX - By Stock
- CBE
- Open Price Tomorrow..
Open Price Tomorrow.., page-41
-
- There are more pages in this discussion • 4 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
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add CBE (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.9¢ |
Change
0.007(8.54%) |
Mkt cap ! $32.40M |
Open | High | Low | Value | Volume |
8.4¢ | 9.0¢ | 8.2¢ | $102.9K | 1.184M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 94546 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 58575 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34546 | 0.086 |
1 | 157392 | 0.085 |
2 | 80617 | 0.081 |
2 | 360000 | 0.080 |
1 | 76460 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 58575 | 4 |
0.090 | 269631 | 6 |
0.092 | 200000 | 1 |
0.094 | 343213 | 2 |
0.095 | 116041 | 1 |
Last trade - 12.54pm 07/10/2024 (20 minute delay) ? |
Featured News
CBE (ASX) Chart |