Gold is on the move and there is gold in the tenement. I guess...

First 8 Last

Share
Profile

Follow
Cocky5

1,389 Posts.

273

17/10/24

10:47

Post #: 76163136
Share

Originally posted by biag: ↑

Good Luck Cocky and for all of us..
Simple figures ... Todays gold price is $1100 more per ounce than the initial feasability price used .. 29,000 x $1100 on my calculator is $31 M extra . Surely the costs havn't followed ... Just the extra gold price adjustment is reason enough to start digging even with shovels. NPV of stage one alone is massive for a $5 M cap company.. Two more stages and whatever growth still to go.

I elected not to participate , even though I have just convinced myself above. After my initial investment in CVR, I did manage to accumulate quite a few more shares when the odd trade came up at around 10c -12 c , bit by bit it added up. I am quite certain the SP will reflect the true value once works begin shortly

Expand

Gold is on the move and there is gold in the tenement. I guess we just need to dig it up, with shovels if necessary.

GLTAH

CVR Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Unemployment expectations correctly called today's 4.3% rate

ASX Market Close: Pretty boring day, but we're back in the 8,600s

GDM

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

BRU

Buru sinks -8% on adjusted Rafael Gas Project timeline aimed to 'reduce risk'

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 28.0¢		Change 0.005(1.82%)		Mkt cap ! $16.19M

Open	High	Low	Value	Volume
27.5¢	28.0¢	27.0¢	$2.925K	10.62K

Buyers (Bids)

No.	Vol.	Price($)
2	29308	27.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	2827	1

View Market Depth

No.	Vol.	Price($)
2	29308	0.270
1	10000	0.260
3	43528	0.255
2	19000	0.250
1	11764	0.240

Price($)	Vol.	No.
0.280	2827	1
0.285	5360	2
0.300	7500	1
0.310	15000	1
0.320	63437	3

Last trade - 15.53pm 17/07/2025 (20 minute delay)

CVR (ASX) Chart

Gold is on the move and there is gold in the tenement. I guess...

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Unemployment expectations correctly called today's 4.3% rate

ASX Market Close: Pretty boring day, but we're back in the 8,600s

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

Buru sinks -8% on adjusted Rafael Gas Project timeline aimed to 'reduce risk'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Gold is on the move and there is gold in the tenement. I guess...

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Unemployment expectations correctly called today's 4.3% rate

ASX Market Close: Pretty boring day, but we're back in the 8,600s

Great Divide 'rapidly evolving' into commercial miner with first Challenger pour

Buru sinks -8% on adjusted Rafael Gas Project timeline aimed to 'reduce risk'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News