Focus 1 & darryle,
Thank you for your posts.
I am also frustrated.
I believe we have a very very good Tungsten deposit in Mt Carbine with the approval in place for building the process plant.
We have a Tailings off take agreement with Mitsubishi confirmed on the 1 Aug “Mitsubishi reinforces interest in Mt Carbine” and Mitsubishi are prepared to commit $15 Mil to the project. (MOU in place details still TBA)
KEY EVENT.
The Sydney worldwide Tungsten conference has just concluded with a site visit to Mt Carbine with hopefully a group of decision makers.
I have also been watching the share trading of the last few weeks and it seems that the share price is being held down by very small volume trades. (Up to $0.07 then down to $0.06 on very small trades) Considering the mood of shareholders this could be the maneuvering for an opportunistic take over or capital injection.
I will clearly be reflecting my frustration when it comes to voting at the AGM.
But I am confident that management are focused on the big picture which I think announcements are showing. (Not the tailings which is frustrating hot copper but did get CNQ a substantial R & D ATO rebate and is giving CNQ some overhead recovery.)
We really need to close a deal or sell CNQ.
Note Just my comments please DYOR.
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4.5¢ |
Change
0.003(7.14%) |
Mkt cap ! $100.6M |
Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.5¢ | $17.48K | 382.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31270 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31270 | 0.045 |
1 | 11627 | 0.044 |
1 | 250000 | 0.043 |
1 | 150000 | 0.042 |
1 | 25000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 20400 | 1 |
0.049 | 249998 | 1 |
0.050 | 349999 | 2 |
0.055 | 300000 | 1 |
0.069 | 20000 | 1 |
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