CNJ 0.00% 0.1¢ conico ltd

Ann: Mt Thirsty Cobalt Project Update, page-16

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  1. 1,250 Posts.
    lightbulb Created with Sketch. 46
    Rockstar, good point,

    My thought from my post was that the BAR MC of $48m less $15m for "other assets" gave Mt Thirsty a MC of $33m per 50%, so $66m in total.
    CNJ on that basis is undervalued,

    I was heavier BAR than CNJ, but based on above choose CNJ when putting more $$ into Mt Thirsty

    While the CNJ has been a "few cents" behind BAR for the last few months, you have to remember BAR have about 40% more shares, so CNJ should be increasing and taking over the BAR SP. because of fewer shares
    The asset value is increasing, CNJ have fewer SH to "share it between

    Happy to keep buying CNJ

    GLTA
 
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