CZN has the following:
- a potential cobalt resource in Australia (with some of the highest grades in Aus) and "substantial scope to expand the mineralised area".
- a potential cobalt resource in Canada (drilling completed)
- 3 million dollars to spend
- a recently oversubscribed placement to sophisticated investors (at a price 20% higher than the current price)
And yet the market cap and sp are a lowly $15 million and 1.2 cents respectively.
Does this seem crazy to anyone else?
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 (20min delay)
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $3.703M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $27.30K | 9.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 149999 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 30601884 | 22 |
View Market Depth
| Last trade - 16.13pm 16/09/2025 (20 minute delay) ? |
| CZN (ASX) Chart |