As someone mentioned today. I also think that the penny has dropped in investing in nearology plays as exploration is a long winded process with no guarantees of success. CPN still has a long way to go to prove that it may have some economic ore bodies to mine. They may be successful at some stage in the future and that is the risk.
No risk holding CHN. Gonneville will definately be a mine and the resource is growing while the 7 rigs are at work. Potential 5 Moz of just Palladium to date not including all the other metals is something to think about.
Fair Price for CHN with current resource ?, page-270
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $509.5M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.38 | $1.31 | $4.246M | 3.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 115841 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 37678 | 1 |
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| CHN (ASX) Chart |