Compared to the previous situation CRB now at least has a project with potentialy attractive upside, low capital requirements to produce output assuming they can prove up an economic resource, access to transport and port infrastructure and a product that is in demand globally.
Just as importantly it is a project where the existing owners had enough faith in the project to take equity rather than dollars on the sale.
The company has a fair way to go before shareholders can be fully confident re the future but right now IMHO the company is nowhere near close to a RIP assessment.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10
Add CRB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.206M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3752277 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 913228 | 2 |
View Market Depth
| Last trade - 16.12pm 10/07/2024 (20 minute delay) ? |
| CRB (ASX) Chart |
Day chart unavailable