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3.8¢ chemx materials limited

Ann: Quarterly Activities Report, page-6

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GreatWA

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26/07/22

12:17

Post #: 62728779
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Originally posted by Snow123: ↑

Risk reward is good. But they are behind schedule and is it going to be a common occurance now.
They should still be drilling down in SA and results should be flowing in, but they aren't.
Its been 8 months since listing and they are trading 25% under IPO and really don't have much to say they have accomplished.
The full scale plant was supposed to be up by early 23, and we haven't even got the micro plant or the primero prefesability study back yet.
The full scale plant will probably be 6 months behind now, all the while staff and admin costs are higher than they should be based on the level of accomplishments they have actually achieved.

Don't get me wrong, I like the management a lot, that's why I'm here, along with the tiny market cap and what I can see them becoming, but for the stock to trade like this 8 months in is pretty depressing.
Let's just hope its due to this risk-off period and the issues with the FED trying to control inflation. This week is going to be a bad (or good) one for the markets due to earnings season and news coming out globally.

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Read it differently. Found it positive on virtually all counts.

CMX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $4.902M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	34359	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	213846	1

View Market Depth

No.	Vol.	Price($)
1	34359	0.036
1	109817	0.035
1	95000	0.033
1	90910	0.032
1	32255	0.031

Price($)	Vol.	No.
0.047	213846	1
0.048	95342	2
0.053	88863	2
0.057	34692	1
0.059	518200	2

Last trade - 11.12am 07/10/2024 (20 minute delay)

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