CUF - SP Discussion, page-19

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sydneybhai

1,877 Posts.

195

14/05/24

20:06

Post #: 73822981
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Originally posted by good2no: ↑

Today changed the recent trading pattern. Maybe Native Title approval granted.

For the last week, someone has been accumulating at 0.017. Normally 28 orders
totalling 3-4M, with more orders at 0.016. When sellers want to get out, they get
their fill. Things changed today.

Being a tightly held stock , today's volume shows there is a lot of interest in CUF.
And why not? Do a bit of research, and they are not a one trick pony, like others.

CUFE has 5.51M cash, huge stockpile of high grade iron ore hedged at $120t,
interest in Copper play, and more. CUF is shipping ore already, so infrastructure
and contacts and contracts are in place. Q2 report is going to be huge.

West Arunta. If this comes up a duster, doesn't matter. Still making good coin.
However, when you look at the size of the tenements, as compared to LYN,
it's like comparing a whale to a goldfish. Unless LYN got lucky.

Perfect storm. Right place, right time, right revenue stream to fund drilling.
I wonder who the accumulator is? Might be for the iron ore, more than Arunta.

Time will tell. Still have buy orders in the market, but think 0.017 is a bit low,
given today's action. Thought 0.02 close, nope, 0.021 close.

Will be watching tomorrow's action. GLTAH

Expand

I heard some big announcements in budget around clean minerals was today impact on SP due to it???

dyor

CUF Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $12.03M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
12	7651998	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	994979	5

View Market Depth

No.	Vol.	Price($)
13	7873665	0.009
10	5668750	0.008
7	12930500	0.007
2	9835342	0.006
1	300000	0.005

Price($)	Vol.	No.
0.010	994979	5
0.011	1049415	3
0.012	3305099	4
0.013	4432189	5
0.014	3206402	6

Last trade - 10.54am 01/08/2024 (20 minute delay)

CUF (ASX) Chart

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CUF - SP Discussion, page-19

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CUF - SP Discussion, page-19

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