I agree. They are in a very strong position to pick up more of CMM on the cheap and this is what they want. I have liked CMM for a long time and as I have stated many times my only concern is the capital required to mine will be highly dilutive at a SP under 6c. With luck this bid might be the catalyst to get CMM into a virtuous spriral of higher SP driving out fear of dilution allowing a higher SP.
On the topic of gold, I think gold is about to have a bit of a run. Amazon's move to increase the minimium wage to $15/he is a sign inflation in the USA is building strength.
Ann: RRL: Market Update - Discussions With Capricorn Metals Ltd, page-47
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.41 |
Change
-0.080(1.23%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.60 | $6.35 | $5.091M | 793.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2857 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.41 | 1389 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
