that is only 60,000t. It wouldn't warrant 3 x market cap at all....

that is only 60,000t. It wouldn't warrant 3 x market cap at all.

to give one example, NRX albeit in Namibia has 10.3mt at 1.3 percent copper. Less grade but more than double the amount of copper and trades at less than 20m market cap.

CYM has 1.2mt of contained copper at decent grade. 700,000 at one, 400 at another. And another deposit which doesn't have jorc but estimations of another 400kt of copper metal. As well as mining at the beginning of 2023. All for a cool 140mcap fully diluted.

don't mean to cross promote. I used to hold nrx.

also, that's not to say there arent companies out there valued much higher that you could also provide examples of.. All depends on what's good value I guess..

the potential is in what else might be in the area. CNB are in elephant country and have found really high grade. Arguably the best copper province of Australia.

but they would need a lot more then that, as well as putting out a decent resource to justify a 3x in share price imo. Eagerly looking forward to this next drill program..