CCZ 5.00% 1.1¢ castillo copper limited

Ann: MOU with Noble Group to Facilitate Monetising Stockpiles, page-28

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  1. 201 Posts.
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    I agree, although calculations are hard to confirm as discounts due to the raw nature of the ore ( up to 22% cu ) will occur due to excavation and the processing procedures, tho imo this should bring in a fair amount of capital.

    The highlight IMO-
    Most small caps raise $2-4mill at low prices causing at the high end 134,000,000 new issued shares. 134 million!!
    If we take say $20mill that CCZ possibly would make from this stockpile that would save us the DILUTION at a total of 667,000,000 ( 667 million ) at this current s.p
    As the ann goes however myself and others have only calculated for the copper content of the ore.. From my research there is up to 22% CU ( copper ) AND 300ppm CO ( cobalt ) see below link.

    https://finfeed.com/small-caps/mining/castillo-copper-tests-stockpile-grades-22-copper/

    Good luck to all able to get in at the .02c range, i would suspect it wont be around for long at this bargain price.

    DYOR and calculations all IMO
    Last edited by bullrush90: 26/10/18
 
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