Maybe the announcement was price sensitive because the Trekelano drilling is occurring before the actual deal closes.
There are a number of conditions to be met for the deal to go through, yet the drilling precedes some of these.
I am sensing a high degree of confidence by CNB management that Trekelano will add substantially to reserves - and as they said, likely be the site of the first actual mining.
Ann: Greater Duchess Update - Drilling to Start at Trekelano, page-21
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
-0.010(2.67%) |
Mkt cap ! $83.36M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 36.0¢ | $180.8K | 497.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42572 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 36418 | 2 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| CNB (ASX) Chart |