An MRE with contained copper metal equivalent in excess of 500kt would surely set the cat amongst the pigeons.
and likely lead to a sharp bounce in the SP.
but expectations don't run that far.
To sustain an SP in the upper half of the last 2years trading range would need a material swing to upbeat in the macro outlook. There's precious few signs that will happen.
there's no doubt the MRE is a key milestone in CNB's evolution, but the outlook isn't hinged to the wishes of nervous longs.
its hinged more to mining plans, cutoff grades, scale, depth, gold credits and the like, or the myriad nuts and bolts of mining the red metal profitably in the middle of nowhere.
GLTAH.
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Last
38.0¢ |
Change
0.015(4.11%) |
Mkt cap ! $65.33M |
Open | High | Low | Value | Volume |
35.5¢ | 40.5¢ | 35.5¢ | $92.90K | 245.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2777 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2777 | 0.360 |
2 | 13000 | 0.355 |
6 | 44209 | 0.350 |
3 | 18647 | 0.340 |
1 | 22400 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 500 | 1 |
0.405 | 1500 | 1 |
0.410 | 31000 | 2 |
0.415 | 22000 | 1 |
0.430 | 4000 | 1 |
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