CPM cooper metals limited

"...The Company has received a number of enquiries by third...

  1. 2,331 Posts.
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    "...
    The Company has received a number of enquiries by third parties regarding involvement in
    the Mt Isa East Project
    and we will continue to progress those discussions. Accordingly, the
    Company has significantly reduced administration and operational costs
    .
    The Company is in the process of reviewing multiple acquisition opportunities which could
    be potentially transformational
    for Cooper Metals and its shareholders.
    ...
    "
    Looks like some acquisition and tolling/offtake agreement as well as Placement/CR happening on Carnaby-CNB at the moment; CPM is in the same broader Mt Isa region too. Will be very interesting to see how the new development/momentum goes in the region.

    Cooper still has a very tight register (circa 78.4m SOI only todate excluding options (shouldn't be included atm due to much higher EX prices) ) and had around $2.4m cash end of Sept 2024 and if the new board is true to what they said above (esp re significantly reducing the admin costs), then CPM is in a not-bad position imo for any potential M&A opportunities (even includes possible CR and dilution) in the (near) future..

 
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(20min delay)
Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $2.899M
Open High Low Value Volume
3.7¢ 3.7¢ 3.7¢ $1.481K 40.04K

Buyers (Bids)

No. Vol. Price($)
1 50960 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 50000 1
View Market Depth
Last trade - 10.02am 13/06/2025 (20 minute delay) ?
CPM (ASX) Chart
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