Agree with your sentiment GF . CCZ has set up a three prong strategy covering cobalt,zinc and copper . It's a great move by the company to aquire high quality assets containing all of these hot commodities ! IMO the big dog and company maker will be Cangai Copper Cobalt mine and this has the potential to earn quick cashflow. Also the big kicker is the Cangai Mine has Supergene ore mineralisation open in all directions !
"A key benefit with having a supergene ore resource is the ability to progress direct shipping ore (DSO), which generates materially higher margins than processed concentrate. With Cangai’s proximity to excellent infrastructure, supergene ore can be trucked to a nearby rail depot that connects to Newcastle port and shipped direct to key north Asian markets. "
I don't want to missed the next possible Sandfire (SFR) which was littered with Supergene ore ! IMO this is SUPER undervalued .
Ann: New Acquisition Enhances Size of Cangai Resource, page-23
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.198M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $18.98K | 4.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2585723 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1795396 | 3 |
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| Last trade - 15.30pm 30/09/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |