The copper grades are of course exceptional but the feasibility really depends on the overall volume. When AVB was in its initial exploratory stage it found patches of 50% cu which excited me and many others. However when the mine was finally producing the average was about 2% cu – still very good.
In the months before OZL made a bid for AVB every positive announcement was met by a drop in the share price. How strange. Then of course the bid came at a price based on the VWAP which was ridiculously low.
It may be early days for take-over talk on CCZ but the bots are in and copper is in such demand. Could be either SFR or OZL.
The current share price will soon look ridiculous. All IMHO of course.
Hooroo!
Ann: Investor Presentation - Non-deal Roadshow, page-26
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Mkt cap ! $6.497M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 286708 | 0.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 4366712 | 10 |
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