Take a look at Michale McNeily. He’s a deal maker. Basically he...

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taylot

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14/10/24

11:16

Post #: 76108710
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Originally posted by Sunrayta: ↑

1.5c or 15c? KRM did 100% from lows leading up to signing the below alliance. If you take it that only last week KRM was 3.7c and at the time of the deal it was 4.7c So the deal with KRM has generated no value yet other than the pump to 6c. I see a very different story here in terms of value creation. The deal with KRM BHP is all grass roots. Nothjng near term. It's an exceptional deal don't get me wrong but the generation phase could take 2 years and drilling anything from it potentially more.

CBE Kitlanya is basically ready to drill and any generation phase well underway if not close to complete. I would assume a deal be done and they will be drilling it early next year after some consideration and diligence on the best prospective areas. If it's an aggressive campaign and funding they could be drilling multiple areas at the same time.

I hope you are reading this management because if you are as smart as Fabian was at KRM you'll get BHP to fund G&A and required management expenses that may even cover ongoing activities in other areas.

KRM pushed the envelope with BHP and got 7mAuD pa required. I'd happily take 5mAud here for a drill to kill. Let just hope they can retain as much equity as possible in the deal too and not give the company away.

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Take a look at Michale McNeily. He’s a deal maker. Basically he put Cobre in the position it is on the back of an original deal by Metal Tiger (now Strata)

CBE Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.1¢		Change -0.003(6.82%)		Mkt cap ! $18.90M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.1¢	$31.75K	766.9K

Buyers (Bids)

No.	Vol.	Price($)
2	220029	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	95075	2

View Market Depth

No.	Vol.	Price($)
2	220029	0.041
1	25000	0.040
1	25000	0.038
1	100000	0.036
3	395714	0.035

Price($)	Vol.	No.
0.043	95075	2
0.045	85377	3
0.046	103814	2
0.047	50000	1
0.048	50000	1

Last trade - 14.36pm 16/06/2025 (20 minute delay)

CBE (ASX) Chart

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