CMM 0.16% $6.43 capricorn metals ltd

thanks roger1 no offence - but 2nd tier wa broking firms tend to...

  1. 6,436 Posts.
    lightbulb Created with Sketch. 963
    thanks roger1

    no offence - but 2nd tier wa broking firms tend to give reality a fair bit of loose rope when coming up with prospective valuations. id give nordesmic or fbx's opinions more weight than theirs.

    at this stage the reserve isnt close to being there to support the metrics you are using - and i couldnt hand on heart say latest results encouraged me they would in future

    though i find the style of mineralisation and potential for several satellite zones quite exciting.

    i think the stock is a little ahead of itself.

    but not eggresgiously so.

    my sense is the resource upgrade is priced in. now we need to see some fresh excitement in new data
    Last edited by goldbear77: 23/06/16
 
watchlist Created with Sketch. Add CMM (ASX) to my watchlist
(20min delay)
Last
$6.43
Change
0.010(0.16%)
Mkt cap ! $2.397B
Open High Low Value Volume
$6.43 $6.55 $6.42 $531.6K 82.04K

Buyers (Bids)

No. Vol. Price($)
4 205 $6.43
 

Sellers (Offers)

Price($) Vol. No.
$6.44 2986 24
View Market Depth
Last trade - 12.40pm 04/12/2024 (20 minute delay) ?
CMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.