CCZ 0.00% 0.6¢ castillo copper limited

CCZO Top 20, page-8

  1. 305 Posts.
    lightbulb Created with Sketch. 61
    Thanks Brighty. At 5c strike, no wonder nobody wants to buy oppies.
    It seems they've only been over 5c twice in the last 5 years and at 5 c were never at a big discount, but if the Company can get back there within the next 12 months, it's a bagger.
    Right now though, .8 + 5c is over double the heads so the BOD has some work to do to get the value up to 6 to make it worth while.
    With 95M due to be exercised in the next 12 months, the SP will need to double++ or there'll be 96M lapses. NO?
    Zambia is a concern - i also have ARE which lost their licence through a combination of incompetence and fraud.
    I must say that the leases all seem to be in good neighbourhoods and are probably a better gamble than most 2c shares.
    Might be worth a flutter.

 
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