Most people today were discussing about Noble Group, timings & regs approval, and of course the bloodbath in SP.
IMO we have missed out on the most important point from the announcement today: being the 200kt copper concentrate from the stockpile.
For the very first time, we are given an indication of the size of the stockpile. Even if you assume a very conservative 1% headgrade for the stockpile, it is still a very substantial amount of money. Do yourself a favour, calculate it for yourself!
In fact, the market value of the contained copper in the stockpile is more than CCZ's market cap.
Most people today were discussing about Noble Group, timings &...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $5.198M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $2.024K | 202.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 7160181 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1134269 | 3 |
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| Last trade - 14.26pm 27/11/2024 (20 minute delay) ? |
| CCZ (ASX) Chart |
