I saw this funny comment on PEX hotcopper by a punter when PEX maiden resource was ann.
"More silver in a jeweller and more copper in Bunnings"
With M. Cap of $90m and maiden resources of 58,000 ton of Cu
cash $16.6m at June 21.
CU conc maybe in 10 year after more studies.? How much $ will more studies cost. PFS, FS, BFS before FID?
another $30m? For studies, corporate expenses. More drillings add another $20m
So 10 years wait. $90m + $30 + $20m = $140m
How many CR they will need in this 10 years.
OK resources after drill 10 years maybe triple = 180,000 Cu
Why is CYM at $76m only. U see Cu plate in 24 months.
Hard Sell down Because of the expected 6 months delays
I do not understand why other SH are voting with their feet.
More good buys for me
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2.8¢ |
Change
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Mkt cap ! $42.72M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.8¢ | $24.57K | 874.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 390186 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.8¢ | 188560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 390186 | 0.027 |
2 | 485000 | 0.026 |
8 | 1607201 | 0.025 |
3 | 515000 | 0.024 |
1 | 300000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 188560 | 1 |
0.030 | 1351501 | 3 |
0.031 | 6976 | 1 |
0.033 | 193548 | 1 |
0.034 | 1000000 | 1 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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