CPM cooper metals limited
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Closing balance as at March 2024 - 4.4 mil100%...

  1. Rachsher
    53 Posts.
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    08/06/24
    16:04
    Post #: 74230491
    Closing balance as at March 2024 - 4.4 mil
    100% Estimation
    Quarterly Admin and other exp - Lets say $240,000.00
    2000 meters of Diamond drilling - $200/meter = $400,000.00
    1800 meters of RC drilling - $80/meter = $144,000.00
    Total estimated quarterly exp - $784,000.00
    Estimated balance at June Quarter - 4,400,000 - 748,000 = $3.6 mil

    With this balance and s decent drilling exploration like last quarter - 3.6 mil / 800,000 - This cash is enough for another 4 quarter or lets say another highly active 3 quarter exploration is possible.
    CPM Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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3.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.742M
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Last trade - 11.07am 26/06/2025 (20 minute delay) ?
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