So COB to remain an exploration company with this announcement. Capital raise and then drilling again for another 1-2 years..... plus 3 years to actually get a mine up and running.
Why not concentrate on getting a mine up and running.... that would be in shareholders interest.
70-80% of exploration companies never get to become a mine. That’s just the facts as management don’t want to leave their comfy offices and live in the outback to actually develop a mine.... They have to sacrifice years of their lives to achieve this away from family. That’s just the facts unfortunately.... I hope COB management are different.
So COB to remain an exploration company with this announcement....
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $37.53M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.7¢ | $77.43K | 875.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27223 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 51000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.9¢ |
Change
-0.001 ( 1.11 %) |
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| Open | High | Low | Volume | ||
| 8.9¢ | 8.9¢ | 8.7¢ | 329294 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| COB (ASX) Chart |