Mate, it's only dumb punters and day traders selling who got caught holding at the recent top.
Have a look at the fundamentals of the company.
Cashed up, I estimate $3 million in the bank after recent drilling , 10 million options in the money to use as extra cash flow. Ie No raising necessary.
The best cobalt results in recent drilling history.
Grades of 30 meters 0.30% in the first 16 drill holes, with another 40 to be assayed.
Most cobalt players in Oz are quoting grades of only 0.10 - 0.20%
Market cap of $21 million.
The resource is open to the south and east, with drilling results pending.
Once these results are published showing the width of the resource then expect the market cap to double and then triple.
Cheers Lute
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.830M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.723K | 939.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 41925939 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 8546674 | 11 |
View Market Depth
No. | Vol. | Price($) |
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40 | 41901736 | 0.002 |
27 | 44045211 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8546674 | 11 |
0.004 | 4954075 | 8 |
0.005 | 2504122 | 8 |
0.006 | 1250001 | 2 |
0.007 | 900000 | 1 |
Last trade - 15.18pm 11/07/2024 (20 minute delay) ? |
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