CMO cosmo metals limited

Ann: Mt Venn Cu-Ni-Co Exploration Target, page-5

  1. 5,294 Posts.
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    This report from Entech comes much earlier than expected so great work by management to cut to the chase on first anniversary of listing.

    https://hotcopper.com.au/data/attachments/5059/5059234-30aa27bbc2eef57e01b4691221145ed7.jpg

    Based on what they know so far Entech have estimated the potential mineral content between about $640 million worst case and $1.77 billion best case, within the first 200 meters from surface, according to my maths. Still plenty of work to do so big potential for improvement in all directions IMO and particularly at depth.

    What are we worth based on that $100m? $200m? With 50 million shares on issue you can do your own sums to work out what that means in terms of share price.

    This stock has one of the best short term growth potential on the ASX IMO. Current market cap just $7m with last sale at $0.16. Shares are extremely tightly held and hard to get. I can't see them sitting at this level much longer.
 
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