CNB 4.82% 39.5¢ carnaby resources limited

I haven't done the research.Look for a company mining an open...

  1. 1,566 Posts.
    lightbulb Created with Sketch. 341
    I haven't done the research.

    Look for a company mining an open pit and a mill running at about 2.5 - 3 Mtpa or look for a PFS / DFS at around those numbers and you'll have a starting point.

    For copper mines as a rule of thumb, reduce the resource grade by 5-10% for dilution then the value of copper produced per tonne of ore =

    diluted grade in % / 100 x 2204 x 67% x copper price / lb

    The 67% factor allows for mill recovery, concentrate handling and treatment, refining and royalties.

    The factor for gold mines is probably 85-90%.


 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
39.5¢
Change
-0.020(4.82%)
Mkt cap ! $67.91M
Open High Low Value Volume
41.5¢ 41.5¢ 39.5¢ $80.78K 201.7K

Buyers (Bids)

No. Vol. Price($)
2 6048 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 1970 2
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.