CBE 2.99% 6.9¢ cobre limited

Cobre says testing at Ngami Copper Project confirms suitability, page-3

  1. 134 Posts.
    lightbulb Created with Sketch. 49
    Great story Cobre, this video cystallises the likely game changing nature of the deposit.

    say 120mil Metric Tonnes at 0.4% at USD$3.80 per lb 2200 lbs per ton

    we potentially have 520,000 tonnes circa 1.1 billion pounds equating to USD$4.2billion (AUD$6.4billion) of low cost recovery copper at current pricing without regard for project supply shortfalls over next few years...

    and an MC of just $19m????

    think MC is a little to low given this, not to mention BHPs keen interest in the company!
 
watchlist Created with Sketch. Add CBE (ASX) to my watchlist
(20min delay)
Last
6.9¢
Change
0.002(2.99%)
Mkt cap ! $22.84M
Open High Low Value Volume
6.8¢ 7.0¢ 6.8¢ $15.18K 220.2K

Buyers (Bids)

No. Vol. Price($)
1 11402 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 6667 1
View Market Depth
Last trade - 15.42pm 22/07/2024 (20 minute delay) ?
CBE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.