CCZ 11.1% 0.4¢ castillo copper limited

Ann: Results of Meeting, page-10

  1. 4,422 Posts.
    lightbulb Created with Sketch. 1889
    There are things in the companies control and things out of the companies control.


    What's hiding in the dirt, bad weather and busy assay labs are obviously out of the companies control.


    Slow drilling, lack of DD regarding consultants and advise on the stockpiles, dragging feet regarding government approval, slow monetising of long existing stockpiles and ascertaining the chemistry on the concentrate all the while drawing a hefty directors fee is within the companies control.


    When the company states in June they are about to target drilling at various sites in June/July then pushes it to July/August. Then by November has managed 14/39 holes (albeit with some additional incomplete DHEM and nearly complete diamond drilling) and claiming that Phase 2 is fully funded when the bank will run dry prior to that being finished deserves a bit of scrutiny and some questions to be framed.


    Where the blame lies, on management or on investors incorrectly reading the tea leaves is not cut and dried.

    Last edited by DoubleDown!: 29/11/18
 
watchlist Created with Sketch. Add CCZ (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(11.1%)
Mkt cap ! $5.198M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $8K 2M

Buyers (Bids)

No. Vol. Price($)
8 7407905 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1751111 4
View Market Depth
Last trade - 15.38pm 23/08/2024 (20 minute delay) ?
CCZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.