CBE 0.00% 7.0¢ cobre limited

What’s CBE Worth, page-907

  1. 2,606 Posts.
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    Grades lower. SP lower.

    Simple Math 30% less grade is alot less yield and doesn't help the BFS.

    CBE now 50% off its high. Not a coincidence as grades have gone lower in the program.

    I'm sure they'll hit high grades again (given the massive size) but when, where and how deep ??? is the big question.

    At currebt valuation at $18m per km vs $8m for comparables so market could push this back to mid 20c range until grades lift ....and if assays not expected till month end not much to support 36c, recall it was 5c...just 2 months ago.

    and sadly chart agrees. More selling this week unless a miracle happens.

    DYOR. GLTAH. Ignore me is best.
 
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