There's no doubt CNB holders are now favored by a positive alignment of macro factors and company developments.
many have been expecting a SP response to rising copper and gold prices and it's now well and truly underway. It could have happened incrementally, but now we're looking at big steps.
one catalyst likely has been BHP's bid for AngloAmerican and how this has pulled focus onto all things copper.
There aren't many junior copper companies listed on the ASX at CNB's stage of development. Further corporate action can't be ruled out.
having BHP on CNB's register won't do the company any harm, nor the active JV with Rio Tinto exploring in some of the elephant country near CNB's existing mining and exploration licensed blocks.
CNB's exploration at the Greater Duchess project is well advanced and has generated an initial mineral resource estimate.
a scoping study on the way forward for what looks like a commercially viable copper/gold project will likely be issued within a month. News from exploration now underway after a late start this year will help maintain buyer interest.
buckle up. Hang on for the ride. All the best.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
There's no doubt CNB holders are now favored by a positive...
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $82.53M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 47.5¢ | $133.3K | 274.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27216 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 4700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27216 | 0.480 |
2 | 29913 | 0.475 |
2 | 31150 | 0.470 |
1 | 2000 | 0.460 |
3 | 31499 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 4700 | 1 |
0.495 | 7196 | 1 |
0.500 | 5000 | 1 |
0.510 | 6000 | 1 |
0.515 | 15248 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
48.0¢ |
  |
Change
-0.015 ( 4.00 %) |
|||
Open | High | Low | Volume | ||
50.0¢ | 50.0¢ | 48.0¢ | 55896 | ||
Last updated 15.58pm 14/06/2024 ? |
Featured News
CNB (ASX) Chart |