Yes they do need to do much better than 11 cents
KZL is eyeing not only the Copper deposits but the Zn/Ln deposits that everybody has forgotten about at Chloe, Jackson and Stella. In the latest deck by Tom, the cost of establishing a processing line for Zn is 15 mil once Einasleigh is up and going. With the metal worth 850 mil at current prices I think the intrinsic value of CSE shares is much higher.
Pre GFC these traded as high as 85 cents when Copper was trading at current market prices, Lead and Zinc were higher and Gold and Silver lower - why would you sell something for 11 cents that is obviously worth much more?
KZL need to either make a realistic offer for the entire company, discuss with Tom about funding part of the mine establishment costs in return for shares in CSE or go AWAY!
Tek have no interest as they are like BHP (too big for prospecting), plenty of others will, including Chinese metal companies.
I vote ''NO!''
- Forums
- ASX - By Stock
- CSE
- cheap copper company here
cheap copper company here, page-7
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CSE (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.80M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CSE (ASX) Chart |
Day chart unavailable