Nothing to be taken too seriously here but let’s see what everyone thinks CBE is Worth ??
The Nearby T3 Deposit which is a $500m SFR Development currently under construction with 1600 workers onsite was T/O from MOD by SFR for $167m (45% Premium to last traded price) in 2019
T3 total resource was 28.36Mt @ 1.24%Cu
(Maiden resource was completed within 6 months of discovery at T3)
Coincidentally MOD was in JV with MTR before acquiring 100% of project similarly to CBE who also recently acquired remaining stake off MTR
CBE are #2 largest Landholders on Kalahari Copper belt after SFR
SFR MC >$2b
SFR = $463m Cash
SFR could easily distribute 30m SFR shares @ $5 are my thoughts,
Or will CBE be at the centre of a bidding war with the likes of BHP or Majors who are seeking Copper
What’s CBE Worth
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.17M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 6.9¢ | $64.28K | 916.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94331 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 127529 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.0¢ |
Change
0.000 ( 1.45 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.2¢ | 7.0¢ | 126849 | ||
| Last updated 14.09pm 03/05/2024 ? | |||||
| CBE (ASX) Chart |