Capital raise or not is not the question. The only question to ask is, “Is the cash used well?” In CNB’s case, they have drilled three IP anomalies and has 3 standout successes. Maybe the success rate is a factor of the soil type or maybe it’s a result of the skilled interpretation. Whatever, the results are the same 3 out of 3 100% hit rate has occurred, now I expect this run to continue. The RIO tenements have potential as does the Magna Lynn formation, drill baby drill.
Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-22
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Last
53.5¢ |
Change
0.020(3.88%) |
Mkt cap ! $91.98M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 53.5¢ | 50.0¢ | $192.7K | 377.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87294 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 5835 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |