I have looked at this for some time and note yet again they don't show cross sections as its a long steep narrow mineralisation zone, at average grade only 0.11% Cobalt and 0.42% Cu low grade (fatal flaw) low margin (if any) risky IMHO this will not support underground mining or high capex high opex operation, although the announcement was very light on details.
Given Mcap over $75M there are much better value stories backed by solid fundamentals around and a lot more advanced.
those of you that sold no doubt realised over valued and over hyped and were smart to get out. there's a lot of up-rampers on this stock. Caveat Emptor and DYOR
I have looked at this for some time and note yet again they...
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Last
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Change
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Mkt cap ! $24.27M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $7.109K | 646.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17279466 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5579602 | 10 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
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Change
0.000 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 23923 | ||
| Last updated 10.13am 06/05/2024 ? | |||||
| CLA (ASX) Chart |