CMO 3.45% 2.8¢ cosmo metals limited

CMO General Discussion, page-14

  1. 4,792 Posts.
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    Yes nothing wrong with Mt Venn and IMO on the verge of a major discovery at Minjina but need to raise more cash to prove it. A new business could kick the share price up to $0.25 for a raise at $0.20 if the recent OZM performance on lithium deal can be replicated. No reason why not as the size and structures are the same but CMO existing business is better. With a bit more cash they could work both projects. I reckon Manjina only needs another $1m to prove the discovery and then we are off, it’s that close (IMO only). $0.50 is only $30m market cap abd Minjina discovery could be worth multiples of that. It’s speculative but OZM has achieve 5x in the last week purely on announcement of new business with no early warning. Have to be in it to win it.


 
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