Just to put BHP's and most likely CHK's grades into perspective:
The next generation of copper mines will not only have less copper but sharply declining grades, according to a study by Mining Intelligence.Operating mines currently have an average grade of 0.53% while copper projects under development have an average grade of 0.39%.
read more: https://www.mining.com/copper-supply-deficit-worse-think/
And they still want to sell their shares for less than 10c, even worse buyers won't even pay 1.2c at this stage despite "incredible VALUE" written all over CHK.
GLTA
Just to put BHP's and most likely CHK's grades into...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $6.1K | 1.525M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 312500 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20062058 | 15 |
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| Last trade - 11.42am 03/07/2024 (20 minute delay) ? |
| ALR (ASX) Chart |