CBY have a massive MRE in Izdan & Wamum. Their focus will be to upgrade Wamum to "indicated". All other projects are a side show for now
to do this they're looking at a budget of $10m. Current MC is $11m
they need funding or a partnership - thats what is keeping the price down.
They'l be looking to generate some "excitement" to pump the share price a bit before announcing a finance deal - which is why i suspect the re-evaluation of the historic core
Im keeping an eye on the share price - if it gets under 10c i'll be strongly considering getting more
here are the slides:
Ann: Sydney Mining Club Presentation, page-8
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.515M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 518550 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 258471 | 2 |
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