CGB
Click for more information
0.00% 2.1¢ cann global limited

Maybe they can sell that Bauxite mine, and return all the funds...

  1. Christopher67
    993 Posts.
    lightbulb Created with Sketch. 447
    clock Created with Sketch.
    02/05/24
    10:55
    Post #: 73625580

    Maybe they can sell that Bauxite mine, and return all the funds to long suffering shareholders. (Except Volcan, who need to forfeit all their shares for the loan of the Gem mine)
    Metro mining is claiming in their current capital raise that bauxite is USD 55 = approx AUD 84 currently
    CGB's scoping study was based on AUD 53 per tonne. imagine the profits now. Surely BHP wants to buy the bauxite tenements?
    https://hotcopper.com.au/data/attachments/6141/6141260-1a3638e244a221bd8a1f8ef6c6d85bed.jpg

    https://hotcopper.com.au/data/attachments/6141/6141270-4e5ef781242c1a0bf7cacb85f90ae1eb.jpg


    Last edited by Christopher67: 02/05/24
    CGB Price at posting: 2.1¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
AL8 "What is the focus of AL8 and how is management going to attract shareholders to the registry?"
right-arrow Created with Sketch.
NEWS Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured
right-arrow Created with Sketch.
NEWS Dominos looks tasty and tempting, but could be too spicy and even dicey
right-arrow Created with Sketch.
CC9 Chariot Corporation marches forward with discovery-level drill program in Wyoming, USA
right-arrow Created with Sketch.
TLX Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.