They stated a high grade target in a May 2014 presentation around the time they acquired the project...see below. Two years later in mid 2017 they had done lots of drilling and CRs....the share price was ~20c, the market cap ~$100 mil, the copper price ~$2.80 and the AUD ~75c.
Fast forward 4 years and the market cap is ~$80 mil, the copper price is ~$4, and the AUD 76c...and they seem to have far exceeded both the Global Target and High-grade target. They might have lost the plot along the wat but seem to be back on track now.
70-100 Mt at 1.6% Cueq is the name of the game IMO...
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Last
7.8¢ |
Change
-0.001(1.27%) |
Mkt cap ! $178.7M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 8.0¢ | 7.8¢ | $1.583M | 20.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6894976 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 13160811 | 37 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| XAM (ASX) Chart |