Not how Vale operates. They always want control of the concentrate.
But acquiring Onca Puma would significantly reduce CapEx and would be hugely accretive to CTM.
In any case, they have a wildcard up their sleeve.
HODL
Ann: Jaguar Project JORC Mineral Resource Increases to 58.6Mt, page-41
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Last
45.0¢ |
Change
0.025(5.88%) |
Mkt cap ! $210.8M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 45.0¢ | 42.5¢ | $20.67K | 47.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2941 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 8000 | 1 |
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| Last trade - 10.23am 05/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |