If sentiment changes I can see the stock moving to around 85c max. I just hope the next drilling results are stellar, from what i read the resource is huge but quality is questionable.
Can I ask a question to someone who knows:-
CSN value of 5 raw. What value do you need to be of export quality. 8? 7.5? 9? And after washing can you get it to that number?
I can definately see a floor to the share price around 65c though. 208Mt of thermal at good quality should have this stock +$1 at this stage withhout even considering other projects.
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Last
$2.33 |
Change
-0.030(1.27%) |
Mkt cap ! $2.100B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.41 | $2.32 | $1.020M | 434.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 9958 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 9555 | 9 |
View Market Depth
| Last trade - 11.47am 28/07/2025 (20 minute delay) ? |
| SMR (ASX) Chart |