A very professional presentation as always, though I do like how clearly and concisely they are at explaining the two assets.
No mention of any sort of corporate action, so I am basically going to take CMM of the list of acquires for almost everything. They clearly just want to run great projects well, and ignore everything else. I think they know that the best way to reward themselves and shareholders, is to pay dividends (then no need to sell shares on market etc).
Anyway, Mt Gibson is indeed going to be a great asset, perhaps 200k p.a within the next 3 years.
I do note that they mention permitting is... just part of the process, but worth the wait. I think it's pretty clear, it's still a way off from seeing development start, but.... happy to be proven wrong. A great stock to have as a core holding.
Whole knows, maybe they will discover a large open pit resource and be able to upscale one of the assets even further.
A very professional presentation as always, though I do like how...
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Last
$5.76 |
Change
0.180(3.23%) |
Mkt cap ! $2.174B | |||
| Open | High | Low | Value | Volume |
| $5.71 | $5.78 | $5.66 | $5.623M | 980.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5649 | $5.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.78 | 5000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CMM (ASX) Chart |