The Market is telling us there is a big problem getting the money to start .
The recovery in the Copper price seems to have reversed and the Market is fearing the worst .
They have the money to keep drilling and adding to the resource and they have no real choice than to keep doing that .
The money to start is small compared to most mine start ups but it does not help when the companies Market Cap has shrunk so quickly .
A lot will depend on what the Copper price does from here .
Medium term it is almost certain to go to new highs but a European and possibly a World recession may occur before that re rate of copper demand happens .
Curse you Mr Putin !
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.2M |
Open | High | Low | Value | Volume |
5.7¢ | 5.7¢ | 5.4¢ | $281.2K | 5.080M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 671437 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 264 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 672556 | 0.054 |
11 | 645546 | 0.053 |
7 | 948460 | 0.052 |
5 | 389788 | 0.051 |
11 | 772344 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 83703 | 2 |
0.056 | 17836 | 2 |
0.057 | 108150 | 1 |
0.058 | 219979 | 2 |
0.059 | 892847 | 2 |
Last trade - 15.46pm 09/08/2024 (20 minute delay) ? |
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