Australia's largest stock trading and investment forum Australia's #1 stock forum

CRR

Click for more information

0.00%

1.2¢ critical resources limited

"4CE is a pure spec play, and may never have what AVZ has, but...

First 139 Last

Share
Profile

Follow
red hare

1,043 Posts.

12

22/02/18

18:35

Post #: 31267867
Share

Originally posted by Krayz23 ↑

Suspect there was a lot of people waiting on the sidelines, waiting for the samples/trenching results to be announced (Well I was anyways). This was always going to "appear" be mediocre at best, especially being in the DRC with the tropical weather, and is often grossly misunderstood by the market when it comes to weathering.

Worth pointing out that AVZ's weathering zone is approx 20m - 50m deep. When they initially announced that they were proceeding with the acquisition back last year (SP was around 4-5c), they reported similar initial grades from sampling and trenching, and the SP got smashed. Market misunderstood what the "medicore" sampling results actually meant.

4CE is a pure spec play, and may never have what AVZ has, but it should still offer a great trade in the lead up to drilling

Below is a snippet from the initial AVZ sampling/trenching. They achieved similar results to 4CE just reported.

View attachment 979483

Expand

"4CE is a pure spec play, and may never have what AVZ has, but it should still offer a great trade in the lead up to drilling".... OR....
Have just as much if not more!.. C'mon lets not be too one sided here..

4CE Price at posting: 8.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,358 more messages in this thread...

First 139 Last

Add CRR (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $21.33M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$639	58.03K

Buyers (Bids)

No.	Vol.	Price($)
25	5482318	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	823162	7

View Market Depth

No.	Vol.	Price($)
24	5464137	0.011
22	9032250	0.010
10	3108084	0.009
9	2303889	0.008
2	1500000	0.007

Price($)	Vol.	No.
0.012	698386	6
0.013	703931	10
0.014	4640769	10
0.015	1429187	2
0.016	1183033	3

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 1.2¢			Change 0.000 ( 4.17 %)
Open	High		Low	Volume
1.1¢	1.2¢		1.1¢	852599
Last updated 15.58pm 08/05/2024 ?

CRR (ASX) Chart

SPONSORED BY