CPO 2.70% 3.6¢ culpeo minerals limited

Ann: Pause in Trading, page-20

  1. 2,138 Posts.
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    Speculation aside, there are some pretty substantial things to like here which make a re-rate as a result of people just getting eyes on this and wanting to speculate moving forward on the upcoming assays more likely. There's a lot of news flow coming this year.

    - Board has really good experience including one member who worked for Ivanhoe mines, several members who have history navigating Chile and some good experience in other projects.
    - Decent location, I'm not personally super excited about Chile myself, but it's not a bad jurisdiction by any means and would likely benefit from coming metal bifurcation since it's in the western sphere. Geologically it's a great jurisdiction as we all know.
    - Multiple interesting projects with exploration actually occurring
    - Small MC to provide great potential
    - Management owns 15% (as of last presentation)

    This actually provides a nice base from which to speculate on exploration, especially when there are so few tiny copper focused companies who tick many boxes. I have a big list of nearly all the copper companies on the ASX and while I have not gone through it fully just yet, most of the ones I research that tick boxes like this are already sitting at 20m MC with the market pricing things in.

    If you're approaching this from a perspective of macro first, then picking your stocks (Like I am) then you end up finding pretty limited options. Not to say this is the only one, but it's not like lithium where there's a billion options to pick from. If anyone disagrees and can think of something else this small that compares, tag me over there please!

 
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Last
3.6¢
Change
-0.001(2.70%)
Mkt cap ! $5.953M
Open High Low Value Volume
3.7¢ 3.8¢ 3.6¢ $17.41K 479.3K

Buyers (Bids)

No. Vol. Price($)
2 74600 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 50000 1
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Last trade - 15.49pm 03/06/2024 (20 minute delay) ?
Last
3.6¢
  Change
-0.001 ( 5.26 %)
Open High Low Volume
3.8¢ 3.8¢ 3.6¢ 186894
Last updated 13.41pm 03/06/2024 ?
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