I talked to them regularly and they increased acreage at Stansmore Range on my recommendation but lately they must have battened down the hatches - we don't even get any press. That's probably par for the course -they have been busy with EUR and they are not Robinson Crusoe thinking markets will recover. I have a different opinion - Guinea is a once in a lifetime opportunity - like the Pilbara in the 60's or as I say an "FMG moment" early 2000. Remember when Twiggy started -the BHP's and RIO mocked him -just low grade ore -even I didn't think FMG would cut the mustard.
Same dog same leg action in Guinea - the doubters here out in force -fortunately not everyone - Guinea is a better bet than the Pilbara notwithstanding sovereign risk -we understand that - but the grades are incredible with huge tonnages of high grade canga (detritals) as well as hard rock. Better than the Pilbara by a country mile.
As for 'native title' in WA a heritage agreement passed over my desk today the TO's wanting hundreds of thousands of $$ just to do some low impact exploration. So I agree with CUF with cost structures -native title - permitting delays it's too hard for a small operator to start a new mine in WA. So what do you do -wait and hope it's all going to change -I think not especially now with the latest gem from Federal Labour on the 'natural environment' proposed laws. Even Cook is up in arms -
Last man turn out the lights -nickel is just the start of the decimation of our mining industry by countries not burdened with all the impossible hurdles here with which we have to comply.
- Forums
- ASX - By Stock
- CUF
- Ann: Notification of cessation of securities - CUF
Ann: Notification of cessation of securities - CUF, page-11
Featured News
Add CUF (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.69M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $10.75K | 1.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1893925 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1538455 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1893925 | 0.008 |
8 | 5557643 | 0.007 |
7 | 7382008 | 0.006 |
3 | 1400000 | 0.005 |
2 | 1880000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1538455 | 6 |
0.010 | 3491000 | 5 |
0.011 | 803906 | 1 |
0.012 | 5521062 | 7 |
0.013 | 2875476 | 3 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
CUF (ASX) Chart |