Interesting question. Seems to me that some punters are scared cbe will run out of cash for further exploration in a year's time or are tired of waiting ..
it's has 57.79% insider ownership 'n BHP thinks it's worth investing in.
imo we are ok for 12 months and by then we should get a boost from assay results and price of copper. It's in demand and prices are up;Copper prices have recently experienced a notable increase, partly due to a temporary US-China trade truce and ongoing supply concerns. The price surge has pushed copper to its highest level in 22 months. This rise is attributed to a combination of factors, including a potential structural market deficit and the impact of the green energy transition.Key factors driving the copper price rise:
Trade Truce:The easing of trade tensions between the US and China, with reduced tariffs, has provided a temporary boost to copper prices.Supply Concerns:Limited ore supply and potential production issues have fueled concerns about meeting rising global demand.Green Energy Transition:Increased demand from sectors like electric vehicles and renewable energy projects is driving the long-term demand for copper.Inventory Levels:Declining copper inventories, especially after the Labor Day holiday period, could signal persistent demand despite price increases.China's Imports:Strong Chinese import data has further supported the price rise.Strategic Reallocation:Major copper producers are strategically reallocating investments in response to challenges like declining ore grades and permitting delays.Depreciating U.S. Dollar:A weaker U.S. dollar can also provide a tailwind for copper prices, as it makes the commodity more attractive to international buyers.
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Ann: Comet Drilling Delineates Broad Zone of Cu-Ag Mineralisation, page-8
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Last
4.3¢ |
Change
0.004(10.3%) |
Mkt cap ! $19.06M |
Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $17.95K | 448.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 101366 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 81296 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101366 | 0.040 |
4 | 672837 | 0.039 |
4 | 337846 | 0.038 |
2 | 77027 | 0.037 |
2 | 56221 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 30000 | 1 |
0.045 | 8218 | 1 |
0.046 | 73738 | 2 |
0.048 | 79821 | 1 |
0.049 | 129563 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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