Hey mate, I'm no copper developer expert (although I really should be with my holdings) but I'd expect at least $500m capex required to build the mine and then your additional operational costs to dig and process
As a result you need to find a large enough asset to make this economical.
Do we have one here? Nope. Not yet at least
Will we get one? Hopefully
Is it game over if we don't? Nope... There are large operational mines in the area that could process, but why I like this story is the district opportunity... CNB WILL be a mine one day (IMO) so the question is more about the district level, joint ventures, acquisitions, who knows
Either way we need to hit the copper grades, and the story with our neighbors alongside could make this very successful
As for gaps, I've experienced a few now in companies that clearly had no reason to drop, but they are magnetic. I'm learning more and more that it's often external influences that ultimately lead to a gap being filled on a company whose fundamentals are sound. I'll be looking to capitalise on these in future. I'll still hate them though
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- Ann: Ground geophysics identify robust conductors at Mt Isa East
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Ann: Ground geophysics identify robust conductors at Mt Isa East, page-69
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3.5¢ |
Change
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Mkt cap ! $2.742M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $105 | 3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.9¢ | 12900 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 7 | 0.036 |
3 | 102356 | 0.035 |
3 | 211764 | 0.034 |
2 | 130000 | 0.033 |
2 | 510000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 12900 | 1 |
0.040 | 30000 | 1 |
0.042 | 50000 | 1 |
0.048 | 90000 | 1 |
0.060 | 476000 | 1 |
Last trade - 09.59am 25/06/2025 (20 minute delay) ? |
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