Well the only ASX announcement since the maiden OR statement on 7/8/17 has been the FY2017 AR which contained the usual stuff. Looking thru the FY2017 Q4 Report their plans for the FY2018 Q1 were:
1. Calculation of maiden OR statement;
2. Completion of Karlawinda DFS; and
3. Interpretation & assessment of exploration results.
So item 1 was released on 7/8/17 and we are still awaiting items 2 & 3. I hoping the extra time taken to complete is DFS is a sign that the exploration expanded the Karlawinda project and maybe increased LOM and/or the production profile. If so it will result in an increase in NPV and the already substantial value inherent in this project. That would be excellent news!
The rising POG, which I hope is now fundamentally driven not NK fear inspired, combined with the hopefully soon to be released DFS, will start to nudge CMM SP in the right direction The chart does show a pattern of higher highs and higher lows so the SP is gradually moving in the right direction. We just need an injection of serious energy. Hopefully soon.
CMM - My forecast, page-24
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Last
$5.35 |
Change
0.090(1.71%) |
Mkt cap ! $2.019B | |||
| Open | High | Low | Value | Volume |
| $5.37 | $5.39 | $5.25 | $5.963M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2713 | $5.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.35 | 13300 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CMM (ASX) Chart |