CBE cobre limited
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Hi @nakhlaJust my thoughts on timelines:I was hoping for initial...

  1. BrassTacks1
    1,589 Posts.
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    08/01/25
    19:26
    Post #: 77323351
    Hi @nakhla

    Just my thoughts on timelines:

    I was hoping for initial NCP results by the end of February

    https://hotcopper.com.au/data/attachments/6721/6721583-b9726c1e101cdddef135eb94ce52b115.jpg

    Re the BHP deal I'm unsure of the exclusivity period but the long form period hasn't completed yet so we await the final details of the proposed deal.

    https://hotcopper.com.au/data/attachments/6721/6721590-c7808419147e206c6e90851d0623df15.jpg

    Yes it could well be that BHP are waiting for the seismic results from Kitlanya but will they be available before the end of the exclusivity period?
    The last Quarterly just states the processed results were expected the next quarter which I assumed ended on 31/12/24? If that's the case then maybe we hear more on 30/1/25 with the Qtrly report. My guess is that BHP are already aware of the Kitlanya seismic survey results, but just a guess.

    https://hotcopper.com.au/data/attachments/6721/6721601-4dd6b6650051fca2e5e92effc83c3132.jpg

    One thing for sure is that CBE will be enthusiastic to report any good news to the market as soon as they can.

    What do we think?








    CBE Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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