Can’t help feeling that CNB’s decision to ‘go slower” than they could have done (by putting more capital into more rigs) may eventually look like a wise decision.
I’d been a bit frustrated that they didn’t spend more on drilling post-raise but any decent results would have been sucked into the crushing vortex of the wider market.
Hopefully they’ve conserved enough cash to avoid a new raise until some of this sentiment lifts.
Ann: Mount Hope Discovery - 75m @ 1.7% Copper, page-130
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Last
36.5¢ |
Change
-0.020(5.19%) |
Mkt cap ! $62.75M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $56.54K | 153.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16756 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 24697 | 3 |
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| Last trade - 15.42pm 15/11/2024 (20 minute delay) ? |
| CNB (ASX) Chart |