CZN corazon mining limited

Amigos, the largest shareholder has rapidly increased his...

  1. 2,902 Posts.
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    Amigos, the largest shareholder has rapidly increased his holding to 19.99% (just below the 20% point at which Australian takeover law applies). Longterm investors in Corazon should heed the news, IMO. It's worth having a look at the time course of a standard junior mineral explorer. A general chart is shown below. Right at this time, Corazon is about to transition from Feasibilty to a Production Decision. It is becoming cleared with every announcement that the existing JORC-compliant in-ground resource of $3 billion in nickel, copper, cobalt sulphides is goind to be mined IMO. Metallurgical studies have shown the ore at Lynn Lake is easy to process and to produce battery-grade product for EVs. Good luck - this little Aussie battler's days may be almost at hand.

    https://hotcopper.com.au/data/attachments/3921/3921252-b366bb8b734f4d536562872932608945.jpg

 
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(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $2.369M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
8 15907316 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 32424993 25
View Market Depth
Last trade - 16.21pm 21/07/2025 (20 minute delay) ?
CZN (ASX) Chart
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