spot on The Mule, well said and great to have you holding for...

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Bruce72

27,609 Posts.

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11/05/23

20:12

Post #: 67730907
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Originally posted by The Mule: ↑

Thanks @HeliosUK great post. A big thanks from all here at CPM. Quiet an extensive update you have given us and looks like a great time to top up atm. Cnb has approx 140m soi and can fluctuate quiet rapidly due to the low number of soi. Often chat about the low amount of soi. We here at Cooper have approx 40m soi, an extremely low number and with any sniff of copper this thing will rocket to a 50m market cap very quickly. We are the largest landholder here and imo the whole Mt Isa area is abundant with copper and gold. the old timers barely scratching the surface in todays terms. New technologies have made it easier to extract at depth. Ian is doing a great job conserving $$$ and with this drilling campaign a rerate happening quickly and a cr done at near enough to $1, leaving a market cap of approx $50m wouldnt seem to out of reach with some more copper found at Ardmore For the record i hold both Cnb and Cpm.
Not advice just my opinion based on the research i have done and knowing how Ian goes about his business.
Take care. not advice
The Mule

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spot on The Mule, well said and great to have you holding for comparative purposes.

even at $1 (very shortly), values CPM at only $45 mill

CNB is currently $196 million to be exact
and HMX at $60 million.

CPM Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.001(2.70%)		Mkt cap ! $2.977M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$1.52K	40K

Buyers (Bids)

No.	Vol.	Price($)
1	26205	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	40000	1

View Market Depth

No.	Vol.	Price($)
1	26205	0.036
1	58507	0.035
3	94086	0.034
3	230333	0.033
1	96806	0.031

Price($)	Vol.	No.
0.039	40000	1
0.040	30000	1
0.042	50000	1
0.048	90000	1
0.060	476000	1

Last trade - 15.51pm 17/06/2025 (20 minute delay)

CPM (ASX) Chart

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