Well you have GCY pegging next door Salpetie that is a very positive sign that CMM ground is potential elephant country (large craton margin deposits). The GCY team have proven themselves extremely good at identifying and pegging under-explored prospects in WA. Disclosure - I hold GCY. As such, I have been following CMM since GCYs' initial Elphin Bore application. CMM current posited AISC is higher than I'd prefer (i.e. >A$1k) but the multiple stacked loads do provide for relatively straight forward open pit operation. At this stage looking at a possible CMM entry I'm happy to wait for the DFS. Plenty of exploration upside for CMM if funded. GCY upside is Karlawinda/Bibra development provides for a potential synergy if they are fruitful in proving up a significant resource on Elphin Bore ground. Cheers
Well you have GCY pegging next door Salpetie that is a very...
-
- There are more pages in this discussion • 8 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 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 |
