If the Chinese do buy then this will also be a longer term positive. They will be able to help build the much needed infrastructure in the area - and this will then attract much more interest to the area longer term.
I am thinking that if we have $75m in the bank by new years + Cuervo we can look for other Cuervo's that will need our cash. Start afresh with more positive partners in an area of the world that should have a mining boom over the next decade. Not a bad outcome.
As you can see I prefer to look to the longer term over a short term trading / quick profit outlook. Both are fine and we all have different reasons to be here, but I would peter to be in a company in this neck of the woods long term and I hope that this management team stays as their pedigree is good. And I will trust them with Cuervo and $75M in cash to make this work well over the next 5+ years. Plenty other opportunities there. Cuervo is not alone.
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If the Chinese do buy then this will also be a longer term...
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $9.931M |
Open | High | Low | Value | Volume |
3.1¢ | 3.4¢ | 3.1¢ | $675 | 21.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 83978 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 76808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12987 | 0.077 |
1 | 50000 | 0.075 |
1 | 250000 | 0.072 |
1 | 100000 | 0.071 |
1 | 50000 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 19545 | 1 |
0.083 | 1300 | 1 |
0.084 | 90000 | 1 |
0.086 | 47000 | 1 |
0.088 | 10000 | 1 |
Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
SRK (ASX) Chart |