Disclosure: I'm bullish on CVV. I've held shares for a couple of years now, and I see them as a takeover target for a bigger player or investor like what happened recently at RXM.
I think management is doing the right thing, keeping overheads as low as practical as the progress towards breaking ground. My thoughts are that due to the low-grade nature of the deposit, they don't have the luxury of drip-feeding high-grade drill intercepts announcements to keep the excitement up.
What is happening regarding the share price is consistent with the Lassonde Curve
https://miningexplained.com/the-lassonde-curve/
Disclosure: I'm bullish on CVV. I've held shares for a couple of...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $86.50M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.0¢ | $88.19K | 569.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43986 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 38165 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CVV (ASX) Chart |