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
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Nothing to be taken too seriously here but let’s see what...
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Last
8.3¢ |
Change
0.006(7.79%) |
Mkt cap ! $27.48M |
Open | High | Low | Value | Volume |
7.8¢ | 8.3¢ | 7.8¢ | $98.31K | 1.224M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 598836 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 205599 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 598836 | 0.078 |
1 | 133333 | 0.075 |
1 | 100000 | 0.074 |
1 | 21301 | 0.073 |
2 | 416267 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 205599 | 4 |
0.084 | 23076 | 1 |
0.085 | 50000 | 1 |
0.087 | 242210 | 2 |
0.088 | 118015 | 2 |
Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
7.9¢ |
  |
Change
0.006 ( 2.60 %) |
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Open | High | Low | Volume | ||
8.1¢ | 8.2¢ | 7.9¢ | 202541 | ||
Last updated 15.49pm 22/05/2024 ? |
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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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