Doesn't work like that. CHN first need to demonstrate that the project is economically viable, and right now no-one knows if the material is gold dust or better to sheet your driveway with.
Coupled with declining commodity prices, relatively complicated metallurgical characteristics of the material and a ss that raised more questions than answers = high risk for markets.
CHN chart, page-6366
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Last
$1.42 |
Change
0.045(3.27%) |
Mkt cap ! $552.3M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.47 | $1.38 | $3.755M | 2.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 92785 | 9 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |