At the last round of drilling there were many comparisons made to Sandfire, notably by the company itself. The drilling results saw the SP halve in value ultimately which shows you how Sandfiresque they were.
The geological formation may be similar in nature but the magnitude is completely different. Sandfire is a much bigger resource. And then of course CCZ need to actually locate the bulk of the sulphides and perhaps the primary deposit.
We know the assays are good and will in all probability continue to be good. What we don't know is how big the ore body is or where it is.
I think that the DHEM model for Volkhardts must be complete by now, or near to it. The complete lack of volume and shorting activity indicates that very few people have access to the results and DHEM modelling.
The lack of speculative buying and selling through a period rich in news also indicates that not many people are willing to have a punt that this will turn out to be Sandfiresque.
I'm hoping for enough copper to make this project commercially viable which may result in a takeover interest as I am not sure CCZ is a mining company. If this stock ever gets to 20c or $100mc I will simply be thrilled.
- Forums
- ASX - By Stock
- Ann: Assays infer mineralisation potential at Broken Hill
At the last round of drilling there were many comparisons made...
-
-
- There are more pages in this discussion • 77 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 CCZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.198M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $81.78K | 6.885M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1476920 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1515889 | 0.004 |
18 | 13010685 | 0.003 |
12 | 9851913 | 0.002 |
12 | 13653004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1671109 | 4 |
0.006 | 3189249 | 5 |
0.007 | 537153 | 4 |
0.008 | 1425757 | 7 |
0.009 | 1597508 | 2 |
Last trade - 15.10pm 29/11/2024 (20 minute delay) ? |
CCZ (ASX) Chart |