4% nickel over 35m
There is your $100M market cap overnight
CZN said they have this wizzbang new geotech that can find the nickel more accurately now. First drill hole 35m @ 1.7%. They weren't talking it up.
So if they think the deposit is longer than 35m and higher grade, I tend to believe them.
$4.8M market cap now with $1.6M in cash. It is already stupidly cheap. $3.2M EV for something with $2Bn worth of JORC resource.
If not for the placement sellers trying to exit and the market sell off I think this would be running over 0.5c in anticipation of drilling. Let's see what happens when drill news comes out. Should be next week
4% nickel over 35m There is your $100M market cap overnight CZN...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.156M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1271200 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 800658 | 3 |
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| Last trade - 16.12pm 01/05/2024 (20 minute delay) ? |
| CZN (ASX) Chart |
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