You can over think these things. Copper is needed. They have a lot of it. Majors need new mines. That's why they explore.
They rejected offer of 3.5 cents. too low.
$650 NPV was for about 20% of project? Could easily be worth $300M or 13 cents in right conditions and great deal?
Gold up. Copper moving
For most juniors finding a resource is the big deal. For CLA it was the MP.
Hume has always been frank and right.
Still a punt but looing very promising assuming they get MP.
Ann: Trading Halt, page-126
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $8.356K | 765.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3902507 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1930682 | 6 |
View Market Depth
| Last trade - 15.59pm 13/06/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
0.001 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.0¢ | 350000 | ||
| Last updated 15.24pm 13/06/2024 ? | |||||
| CLA (ASX) Chart |