CZN 0.00% 0.6¢ corazon mining limited

Ann: Quarterly Activities Report, page-6

  1. 2,805 Posts.
    lightbulb Created with Sketch. 1707
    Hey amigo, my maths are not as good as yours, but that figure of $95 million could be suffering from inflation. It means that in the last 12 years the average expenditure by Corazon was $8 million. By my basic maths, the annual expenditure has been in the order of $2.5 million per annum (max), which gives a total expenditure of about $25 to $30 million in 12 years. Now @vigilante3 you were Yaaawning before I became a shareholder, so you may know of some massive spends in the early days, therefore I'll bow to your knowledge. But keep in mind that in those 12 years the company has accumulated a JORC-compliant asset of $3 billion of nickel-copper-cobalt sulphide at Lynn Lake. Putting on my rose-tinted glasses, I think the current mining studies are a clear indication that Chairperson Terry Streeeeeeeeter is preparing the company to become a miner & processor of battery metals, so hold onto your hat.
 
watchlist Created with Sketch. Add CZN (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $4.007M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $6.346K 1.057M

Buyers (Bids)

No. Vol. Price($)
6 4734427 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2048073 5
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
CZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.