Great to see you here Boddy. We hold similar goldies. The PFS was good but ASIC was over $200 higher than their initial projections over a month ago. Plus FX has fallen 10% since then too. I agree with anothe poster that hedging a portion may be a wise idea however I really don't foresee gold USD dropping too much, in fact I expect it to head higher towards end of year.
This mine was far from being fully mined by MIM in the 90's. Price of gold then was circa $300 p/oz. We have the copper/gold Mt Birnie which I believe is very rich, geological extension from the Tick Hill fault. Exciting times once drilling commences again.
SP is a mystery, you can never pick them on this exchange. No matter, MC at less than 10m can't last too long. Should be at least twice that.
Enjoy your weekend all.
Ann: Tick Hill Gold Project PFS Results and Maiden Ore Reserve, page-56
Add CNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
78.5¢ |
Change
0.075(10.6%) |
Mkt cap ! $127.0M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 79.5¢ | 70.0¢ | $516.7K | 694.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11722 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 45285 | 2 |
View Market Depth
| Last trade - 14.28pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
80.0¢ |
Change
0.075 ( 14.3 %) |
||||
| Open | High | Low | Volume | ||
| 70.0¢ | 80.0¢ | 70.0¢ | 186365 | ||
| Last updated 14.42pm 17/05/2024 ? | |||||
| CNB (ASX) Chart |