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

CPO

Click for more information

4.17%

4.6¢ culpeo minerals limited

Ann: 170m of Cu Sulphide Intersected - Extending Mineralisation, page-13

First 13 Last

Share
Profile

Follow
RayMc

442 Posts.

66

10/11/22

14:55

Post #: 64696365
Share

Originally posted by Corgi: ↑

For further clarity the Fundamental Valuation is detached from current valuation being the former IMO should be 3-5x higher. So management needs to make a statement and all future raises are well above current valuations. It doesn't matter if the SP still remains detached as long as they are not burning existing shareholders with raises like the most recent placement, things will reverse and improve. Trying to manufacture hype without addressing structural issues won't work. New investors need at least some level of assurance management won't rug them with another CR. We're barely past the recent CR and investors are already worried about the next. Cornerstone the next CR at a premium and that fixes the problem.

Expand

Problem with that is that those with the capital know it’s extremely hard for juniors to raise in the current environment. So even if directors stump up a reasonable amount, the lenders are still going to want a big discount to cover their risk.

CPO Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 5 more messages in this thread...

First 13 Last

Add CPO (ASX) to my watchlist

(20min delay)
Last 4.6¢		Change -0.002(4.17%)		Mkt cap ! $7.607M

Open	High	Low	Value	Volume
5.6¢	5.9¢	4.6¢	$897.9K	16.90M

Buyers (Bids)

No.	Vol.	Price($)
1	240683	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	50000	2

View Market Depth

No.	Vol.	Price($)
1	240683	0.046
5	541592	0.045
1	200000	0.044
3	389436	0.043
1	300000	0.042

Price($)	Vol.	No.
0.048	50000	2
0.049	8176	1
0.050	219387	2
0.051	340346	3
0.052	310000	2

Last trade - 16.10pm 10/07/2024 (20 minute delay)

CPO (ASX) Chart

SPONSORED BY