I took part in the recent placement and also will be taking my full quota in the SPP.
Sure the company could of been more diligent in the timing of the placement however I think 90% of spec companies have been caught off guard with this downturn in market sentiment.
Facts are the fundamentals are unwavering : we have super grades of Cu distributed through Cangi with more targets located by DHEM, a current resource of 3.2 MT just crying out to be increased, management who are extremely focused on monitising stockpiles and binding the Noble offtake and reopening Cangai mine making this a scalable business. All of this culminated with analysts predicting copper prices to significantly increase due to mine closures resulting in shortages. IMO CCZ will reawaken.
I took part in the recent placement and also will be taking my...
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $5.198M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $5.678K | 540K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8668871 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2908819 | 4 |
View Market Depth
| Last trade - 13.59pm 22/11/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |
