Up 30% because a bunch of punters read 1bt and got excited.
Honestly, ripping out copper from houses right now is more economically feasible. And I say this as an investor in CBY so I have exposure to the story and I’m not in it for the trade either.
Both eyes open, always.
“…uncut grade to depth of 650 meters…”
Kalgoorlie super pit is 600m deep… and that’s one of the most cracking gold hits in the world.
No one is digging that deep for 0.20% grades.
Olympic dam is underground but that is 1.2% grades
This is not an economic resource as it stands today, especially with interest rates where they are, financing is too expensive.
Up 30% because a bunch of punters read 1bt and got...
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Mkt cap ! $13.10M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $8.272K | 913.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 740116 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.0¢ | 1580783 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.9¢ | 1.0¢ | 0.9¢ | 71564 | ||
| Last updated 15.47pm 03/05/2024 ? | |||||
| ALM (ASX) Chart |