Matteo. The main hold up for MNC has been to get control of the unlisted hampton mining .Mnc up till now control 36.5% of Hampton but as reported to the ASX have the option to go to 68% ,THAT OPTION IS ABOUT TO BE EXERCISED ANY DAY and is being backed by some serious investors who have been on site recently in peru and chile . I will get to the main game but as reported to the ASX last week the 4 other projects in the company are all first class resource and exploration projects . CDU capped at $750m ,very good results but needs really good resource to justify the market cap. SFR excellent drilling results capped at $400m (companies around it who have nothing have market cap.of $50 to $100m ) .I forgot 1 other of which i am a very small holder is RXM ,good discovery and will prove up a resource . MNC has a JORC compliant resource of 260 m.t at a copper equiv, grade of 0.74% ,higher grade than the neighbouring monsters ,all open cut . GOOGLE EARTH TOQUEPALA and just see how massive these things are ,this mine can produce copper at a 0.13% copper cut off grade ,very profitably 4 BILLION TONNES and LOS CALATOS has a great chance to be just as big .These copper porphyry mines are lower grade than the australian mines but are massive in size and cost of productiion cheaper than aust . As said THIS IS PART OF THE PREMIER COPPER BELT IN THE WORLD .I see LOS CALATOS being a massive resource and MNC being worth dollars a share .IT IS REAL and CONTROL NOW READY TO GO ,DRILLING TO START ANY DAY ,THE UPSIDE IS HUGE .
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Last
0.8¢ |
Change
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Mkt cap ! $7.719M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $2.044K | 255.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6767759 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3430838 | 7 |
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No. | Vol. | Price($) |
---|---|---|
6 | 6767759 | 0.007 |
7 | 3439090 | 0.006 |
11 | 5224080 | 0.005 |
5 | 3628763 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3430838 | 7 |
0.009 | 1657334 | 6 |
0.010 | 3787428 | 9 |
0.011 | 459999 | 2 |
0.012 | 2182842 | 2 |
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