Capital raise or not is not the question. The only question to ask is, “Is the cash used well?” In CNB’s case, they have drilled three IP anomalies and has 3 standout successes. Maybe the success rate is a factor of the soil type or maybe it’s a result of the skilled interpretation. Whatever, the results are the same 3 out of 3 100% hit rate has occurred, now I expect this run to continue. The RIO tenements have potential as does the Magna Lynn formation, drill baby drill.
Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-22
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Last
35.5¢ |
Change
-0.015(4.05%) |
Mkt cap ! $61.03M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 35.0¢ | $74.60K | 208.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 162453 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 474 | 1 |
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| Last trade - 15.55pm 07/11/2024 (20 minute delay) ? |
| CNB (ASX) Chart |