CBE 5.56% 5.1¢ cobre limited

So calculation is $1B per 1km so we have $4B of copper from 4...

  1. 238 Posts.
    lightbulb Created with Sketch. 38
    So calculation is $1B per 1km so we have $4B of copper from 4 holes open ended.

    There is another company nearby which has 400m of copper and is market cap $15M although it is not open ended.

    We could be sitting on $20-40B of copper. $90M market cap is way undervalued and should be around $250-400m+

    That will work out around $2 per share in the next 12 months and $4 per share in the next 24 months.


 
watchlist Created with Sketch. Add CBE (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
-0.003(5.56%)
Mkt cap ! $16.88M
Open High Low Value Volume
5.5¢ 5.5¢ 5.1¢ $15.59K 299.6K

Buyers (Bids)

No. Vol. Price($)
1 15683 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 92592 1
View Market Depth
Last trade - 15.05pm 09/08/2024 (20 minute delay) ?
CBE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.