Great to see Caravel gaining some media exposure last week with Barry Fitzgerald on Livewire Markets covering all things copper, particularly mentioning CVV in the junior space and the solid economics surrounding our scoping study.
https://www.livewiremarkets.com/wires/copper-stocks-play-catch-up-as-market-digests-valuation-impact-of-soaring-metal-price
"Caravel (CVV) was mentioned here along with Venturex last October as one of the most leveraged juniors to copper price upside.It was a 10.5c stock at the time and has since powered ahead to 19.5c, as well as pulling in $9m from a placement at 16c to fully fund a pre-feasibility study into its namesake copper project, some 150km north-east of Perth in the central wheatbelt.
It’s a big (1.86 million tonnes) but low-grade copper resource which a 2019 scoping study (which had to be withdrawn under the ASX’s crackdown on such documents) pointed to a project being capable of supporting 45,000 tonnes per annum (tpa) of copper in the first five years, rising to 65,000tpa in years six to 23.Cash costs were placed at a competitive $US1.45/lb. Assuming a $US2.70/lb copper price, the net present value was estimated at $616m, trebling to $1.49bn at $US3.30/lb copper. At $US4.20/lb copper, make that something like $3b."
- Forums
- ASX - By Stock
- CVV
- Media Updates
Media Updates
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVV (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
-0.015(8.57%) |
Mkt cap ! $83.88M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.0¢ | $115.9K | 719.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13110 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 45000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13110 | 0.160 |
7 | 283328 | 0.155 |
7 | 166670 | 0.150 |
6 | 163928 | 0.145 |
14 | 233970 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 45000 | 2 |
0.170 | 29999 | 2 |
0.175 | 50579 | 2 |
0.180 | 11443 | 2 |
0.185 | 175139 | 3 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
CVV (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online