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3.77%

5.1¢ culpeo minerals limited

are you just permanently negative - see a pattern in all your...

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Modishv

8,491 Posts.

547

22/12/23

08:21

Post #: 71581766
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Originally posted by Corgi: ↑

exactly! these are the structural issues that continue to plague the company which many here fail to see. current valuations is an impossible hole to get yourself out of. They need a recapitalization comprising of at least a minimum $5mil-$10mil to show they are serious about the company and project. Otherwise, IMO its just a lifestyle company vehicle as Directors gets paid fees/salaries and very little is spent on exploration. How is drilling 5 holes a year going to create SH value? They've reported some of the best copper hits in the world at lana corina and their valuations drop even lower. They have bugger all ownership over all their projects and the hurdle to increase ownership requires capital they can never raise or access to fund.

They have know for awhile now that following the IPO it has been a complete bungle. They know a recapitalization is required. A cent should not be invested until they own up and admit they've fumbled the bag and put a timeline on when a recap is going to happen.

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are you just permanently negative - see a pattern in all your threads - and you are not held and sell or hold. stop making money by spreading fear amongst the susceptible, we understand the strategy, ha ha. merry Christmas.

CPO Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.1¢		Change -0.002(3.77%)		Mkt cap ! $8.433M

Open	High	Low	Value	Volume
5.2¢	5.2¢	5.0¢	$28.28K	551.7K

Buyers (Bids)

No.	Vol.	Price($)
6	470719	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	188679	1

View Market Depth

No.	Vol.	Price($)
6	470719	0.050
2	202040	0.049
3	620000	0.048
3	497871	0.047
2	321739	0.046

Price($)	Vol.	No.
0.053	188679	1
0.054	82500	1
0.055	1178636	3
0.056	645980	3
0.057	182702	2

Last trade - 15.38pm 18/07/2024 (20 minute delay)

CPO (ASX) Chart