CCZ 8.33% 1.1¢ castillo copper limited

Ann: Trading Halt, page-117

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 482 Posts.
    lightbulb Created with Sketch. 73

    If you had a tonne of 99.99 copper to sell, yep.


    If you had 22% con it's probably worth 70-75% of its in-situ value after transport and smelting charges but you need a float plant for that and there isn't the money IMBO.


    You have a stockpile from which a 1.2% Cu sample was taken. In-situ it's worth about $100 per tonne but where are you going to turn it into a concentrate for sale? Cobar? North Parkes? Woodlawn? By the time it's transported to another site, if they want it and if they have capacity for it and if their mill is suited to it, there won't be much left for CCZ IMHO.



 
watchlist Created with Sketch. Add CCZ (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $5.198M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $13.71K 1.192M

Buyers (Bids)

No. Vol. Price($)
6 2332675 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 894080 3
View Market Depth
Last trade - 15.40pm 02/12/2024 (20 minute delay) ?
CCZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.