Doesn't work like that. CHN first need to demonstrate that the project is economically viable, and right now no-one knows if the material is gold dust or better to sheet your driveway with.
Coupled with declining commodity prices, relatively complicated metallurgical characteristics of the material and a ss that raised more questions than answers = high risk for markets.
CHN chart, page-6366
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Last
$1.30 |
Change
0.050(4.02%) |
Mkt cap ! $496.9M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.33 | $1.26 | $3.596M | 2.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 17413 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 2514 | 6 |
View Market Depth
| Last trade - 13.28pm 11/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |