Hopefully Geo doesn't mind but below is his post from a week or so ago.
I will be surprised if the JORC is less than 300,000 tonnes of copper equivalent metal. Macquarie has published a 370,000 t estimate. Anything above that will be a bonus. If we can get above 400,000 with a grade of 1.4% copper it would exceed expectations IMHO.
That said I have no idea what that means for the share price. Perhaps not much until further drilling pushes the total into stand alone mine territory or a PFS is completed.
Rob did point out the railway and mentioned a siding to enable early cash flow from toll treatment in the August diggers and Dealers presentation.
DYOR Not investment advice
CNB Price at posting: 96.0¢
Sentiment: Buy Disclosure: Heldwill be surprised if the JORC is less than 300,000 tonnes of copper equivalent metal. Macquarie has published a 370,000 t estimate. Anything above that will be a bonus. If we can get above 400,000 with a grade of 1.4% copper it would exceed expectations IMHO.
That said I have no idea what that means for the share price. Perhaps not much until further drilling pushes the total into stand alone mine territory or a PFS is completed.
Rob did point out the railway and mentioned a siding to enable early cash flow from toll treatment in the August diggers and Dealers presentation.
DYOR Not investment advice
- Forums
- ASX - By Stock
- CNB
- Ann: Mount Hope Strikes 116m @ 2.1% Cu
Ann: Mount Hope Strikes 116m @ 2.1% Cu, page-26
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $85.96M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $11.94K | 23.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2967 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 1900 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5967 | 0.500 |
3 | 27099 | 0.495 |
4 | 41222 | 0.490 |
2 | 6100 | 0.485 |
1 | 2000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 3000 | 1 |
0.510 | 7511 | 2 |
0.515 | 4425 | 3 |
0.525 | 11340 | 2 |
0.530 | 2500 | 2 |
Last trade - 10.55am 05/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |