CPO 0.00% 4.1¢ culpeo minerals limited

Mister Tuesley, Mister Tuesley, Mister Tuesley; The Share...

  1. 1,323 Posts.
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    Mister Tuesley, Mister Tuesley, Mister Tuesley; The Share Capital shown on your web site is very stale, only showing:

    CPOFully Paid Ordinary Shares77,509,844
    1CPOOOptions @$0.18 Exp. 28 November 202413,934,102
    2CPOAFPerformance Rights (Escrowed until September 2023)5,200,000


    Should be:

    https://hotcopper.com.au/data/attachments/5878/5878426-3d93e45194c91de7a3ccc3e8b2c889f6.jpg


    So Fully Diluted Mkt Cap @ 13c high was: $21M Fair Value ? They do have a good starter at Lana Corina.
    At 18c exercise price of the free trading Oppies MC= $29.1M
    At todays close of 9.8c is MC= $15.84M
    Potential Drift Target pre drill results release: MC ~ $10M ~ 6.2-7c per share- Believe this would be excellent buying. I would guess the option exerciser was selling out at the 10-13c range. That additional supply was readily absorbed.

    The upside is in scale and grade which early indications are suggesting a global 1-1.5% Cu for Lana Corina & the andesite hosted targets, with the addition of potential for a large possibly lower grade (0.3-1% Cu) porphyry at La Florida and potentially Vista Montana mag target (north of Lana Corina).


    They have a lot of targets.
 
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Last
4.1¢
Change
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Mkt cap ! $8.348M
Open High Low Value Volume
4.2¢ 4.2¢ 4.1¢ $10.65K 255.7K

Buyers (Bids)

No. Vol. Price($)
3 267754 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 187500 1
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Last trade - 10.26am 15/08/2024 (20 minute delay) ?
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