I confirmed my Air tickets this morning and will be at the AGM.
My PRIMARY concern with CNQ.AX is simple just where this COMPANY WE OWN going.
Last year I was told by Leon that the NPV was .61 today trading at less than 10% of that.
I was told that the shipments of concentrate would go up by 100's%. In my folly I started to look at dividend payments. I was in a dollar induced trance.
Leon then went away tom spend time with family and friends and the story changed...was it a good change?
Treefeeds tells us the company is burning capital. A cash raising at say 2c on cards?
8 days out from the AGM I hear nothing of more than ONE container in last quarter, silence on further shipments.
Is the plant even operating?
Are the staff painting rocks?
It is all very fine to get me aroused about massive finds and world demand BUT I have concerns that even if there could be enough tungsten in place there to change the magnetic pull of the earth. This lot could not get it out of the ground?
IF I think that what do Mitsubishi and the Portuguese think?
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Mkt cap ! $107.3M |
Open | High | Low | Value | Volume |
4.7¢ | 5.0¢ | 4.7¢ | $91.07K | 1.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 800000 | 4.8¢ |
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Price($) | Vol. | No. |
---|---|---|
5.0¢ | 203698 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 800000 | 0.048 |
4 | 332538 | 0.047 |
1 | 50000 | 0.046 |
1 | 21269 | 0.045 |
1 | 100000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 252755 | 3 |
0.051 | 500000 | 1 |
0.052 | 300000 | 1 |
0.053 | 940000 | 2 |
0.054 | 15450 | 1 |
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