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.
Great to see you here Boddy. We hold similar goldies. The PFS...
Add CNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
-0.015(2.19%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 67.0¢ | $8.274K | 12.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12940 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 8120 | 2 |
View Market Depth
| Last trade - 10.14am 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
64.0¢ |
Change
-0.015 ( 5.19 %) |
||||
| Open | High | Low | Volume | ||
| 67.0¢ | 67.5¢ | 64.0¢ | 14043 | ||
| Last updated 10.39am 02/05/2024 ? | |||||
| CNB (ASX) Chart |