CNB 5.00% 52.5¢ carnaby resources limited

Ann: Exploration Update - Drilling Recommences, page-196

  1. 218 Posts.
    lightbulb Created with Sketch. 317
    Don't know and cant find anything but got me reading some good articles on Anglo. Anglo's copper assets estimated to be worth $35bn GBP across 4 mines and produce 730,000 - 790,000t of copper annually (https://www.mining.com/anglo-american-copper-assets-worth-35-billion-report/). Anglos market cap is approx. $30bn GBP or $60n AUD.

    The linked article also mentions some analysis of costs in starting a new copper mine, to produce 100,000t CU annually, is near $3.5bn.

    Shows the strength of CNB position where it has a path to mining for $35m to produce 20,000t annually. That's 1000x less cost for 20% of the mining quantity.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
52.5¢
Change
0.025(5.00%)
Mkt cap ! $90.26M
Open High Low Value Volume
49.0¢ 54.5¢ 48.0¢ $139.4K 276.7K

Buyers (Bids)

No. Vol. Price($)
1 2000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 2489 1
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.