I believe this is undervalued and this should be sitting closer to a 200-250 mil MC. The recent Mount Hope tenants block deals with HMX has changed the game dramatically and made it a lot clearer. Maybe once the PFS comes out in the next few weeks it will show how undervalued and overlooked CNB currently seems to be.
Copper prices have surged again overnight and are at new yearly highs but we are still close to our lows. Seems there could be a bit of catching up and a bit of movement north in the SP in the next few months
Ann: Mount Hope Development And Exploration Footprint Expands, page-68
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Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $82.53M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 45.5¢ | $467.2K | 986.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43099 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 40000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CNB (ASX) Chart |