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2.38%

4.3¢ culpeo minerals limited

Ann: Broad Zones of Shallow, Visible Copper Intersected, page-45

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WiffaSniffa

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228

19/12/23

16:09

Post #: 71530788
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Originally posted by Corgi: ↑

valuations need to be marked up significantly if these are to be taken seriously or will ever be able to raise enough to do any kind of serious drilling.

They've had to exhaust the annual placement capacity 2x over to raise enough for chicken feed. Doesn't but much drilling.

Market cap needs to be around $30mil at a minimum to be able to do any proper drilling.

for their sake, i hope the SP gets pumped back over 15 cents.

I like their projects, there is just some major structural issues with the company, i.e. who is going to pump up their valuations to over $30mil? so they can then raise 25% if the placement limit to actually be funded to complete a half decent drill campaign?

Even a 600m @ 7% Cu hit would mean nothing if valuations don't reflect where it needs to be....

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CPO Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.3¢		Change 0.001(2.38%)		Mkt cap ! $7.111M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.3¢	$13.03K	303.2K

Buyers (Bids)

No.	Vol.	Price($)
2	317000	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	90659	1

View Market Depth

No.	Vol.	Price($)
2	317000	0.041
4	265656	0.040
1	270000	0.039
2	315000	0.038
2	288108	0.037

Price($)	Vol.	No.
0.043	90659	1
0.044	248702	2
0.045	100000	1
0.046	664942	5
0.047	246436	2

Last trade - 10.38am 15/05/2024 (20 minute delay)


Last 4.3¢			Change 0.001 ( 1.18 %)
Open	High		Low	Volume
4.3¢	4.3¢		4.3¢	200893
Last updated 11.37am 15/05/2024 ?

CPO (ASX) Chart