CPM 4.00% 4.8¢ cooper metals limited

Ann: Significant copper mineralisation discovered at King Solomon, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,652 Posts.
    lightbulb Created with Sketch. 1178
    Great result

    The poor share price performance is the direct result of people in spec stocks wanting their money back. CNB had a similar impact with their previous announcement. I believe that the low SOI has lead to this but we have a laughably small market cap for what we are now confident is significant levels of copper. The new markets want more evidence, before throwing money in, but this is another arrow to the quiver of the regional scale of this deposit.

    $17m market cap will get blown away this year, in my opinion. Copper is a commodity that I can't see tabling this year, and so I think companies like this will be backed or become takeover targets. Woeful levels of global supply coming online
 
watchlist Created with Sketch. Add CPM (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
-0.002(4.00%)
Mkt cap ! $3.761M
Open High Low Value Volume
4.7¢ 4.8¢ 4.7¢ $472 10.03K

Buyers (Bids)

No. Vol. Price($)
1 85000 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 15000 1
View Market Depth
Last trade - 15.31pm 01/11/2024 (20 minute delay) ?
CPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.