Maybe your referring to MRE (Maiden Resource Estimate) which is a method to establish a financial worth based on the goods in the ground.
I think CCO missed their "MRE" by a long shot.
refer to quarterly statement released 31 July 2019.
I then present exhibit A from the August full year report
The lifecycle of kava from plantlet to plant is 4 years. The farm should in full swing by now, no?
Here we are 4 years later in 2024 and a forecast $26,000,000 property value? minus - $25,500,000 as far as I can tell?
Where did all the value go?
Does CCO even use this farm anymor? Interesting the term 'vertically integrated' doesnt get used often anymore.
Your semi right xc_mse - what we do not is a JORC equivalent.
JORC is a set of industry code of compliance set by the ASX to stop companies making outlandish geological claims to shareholders,
eg. Just a hypothetical here - a gold explorer claiming a gold deposit worth $26,000,000 which 4 years later turns out the be worth $500,000.
- Forums
- ASX - By Stock
- CCO
- COLES is CCO's JORC equivalent
COLES is CCO's JORC equivalent, page-2
-
- There are more pages in this discussion • 10 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 CCO (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.61M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $38.73K | 4.835M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 10467796 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 17807641 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 10467796 | 0.008 |
17 | 7622623 | 0.007 |
15 | 3377183 | 0.006 |
6 | 5751110 | 0.005 |
6 | 11511969 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 17634695 | 18 |
0.010 | 16743840 | 12 |
0.011 | 6782818 | 5 |
0.012 | 430000 | 3 |
0.013 | 580091 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
CCO (ASX) Chart |