My take on what is unfolding for the company is that we could quite possibly be watching Cangai emerging as one of Australias highest grade Cu deposits.
I'm expecting current drilling has unearthed massive Sulphides which will be followed by extremely high grades to be released in the assays. This should be the impetus to rerate the companies MC significantly due to further derisking of the project and the ability for the company to increase the resource size.
IMO there is nothing more satisfying than watching the company you have backed from the early stage develop into a 100 million plus MC and this is what I see progressing.
It's nice to arrive before the crowd does!
Ann: Trading Halt, page-50
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0.4¢ |
Change
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Mkt cap ! $5.198M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $2.809K | 701.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 10208643 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 226215 | 2 |
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| Last trade - 12.27pm 31/07/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |