The other main difference I would point out was NZC was Cu cashflow dominant whereas CLA is Co dominant. Not sure which mineral Chengtun were primarily after.
However the other point the NZC deal showed was I (among many others) were out this morning for less than the offered price to take risk off the table. Battery metals have been tough and African jurisdictions especially during this spec downturn. Namibia obviously better than DRC but some element of the point stands.
Cu/Au my bull calls for next few years so hopefully Cu price leads Co and CLA get a big JORC upgrade and some high grade zones.
The other main difference I would point out was NZC was Cu...
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $27.17K | 2.649M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 900000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4158340 | 9 |
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| Last trade - 11.50am 28/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
