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We've already seen a £3.96 buy this morning, baby steps :-(
Nobody's spending anywhere. Let's hope some good news builds here in the coming months. Did it have any reaction in Aus to the RNS ?
Agreed, its a decent RNS. Seems like progress. Let's hope the buyers start piling in!!
market sentiment!
Nearly every stock has had a significant drop today. Timing unfortunate, on a good day this probably would have spiked on the news.
However it bodes well.
Surprised this hasn’t moved considerably higher after this mornings RNS
Ooooohhhh exciting
Dr Dennis Jensen, Managing Director of Castillo Copper, commented: "The drilling campaign has got off to an excellent start, with initial interpretations from the geology team confirming that targeted cobalt zones have been intersected. Moreover, whilst subject to final assay results, the Board is delighted to learn that significant pegmatite zones have been intersected which could potentially host rare earth elements."
RNS OUT
Very promising...
https://wcsecure.weblink.com.au/pdf/CCZ/02580928.pdf
Assays due in coming weeks.
10% increase on ASX overnight. Now trading at 1.2p. A lot of chatter on Hot Copper forum, mostly nonsense but at least it shows the stock is attracting interest. Hopefully we can get some momentum. Not many opportunities in the current market so we may get some attention in the coming weeks.
Be make or break
Well at least swissy ,we got a rumble from the jungle today
@causal, I'm not sure really but like you said they are suggesting a 4 week project time for the Eastern region drill programme. While watching the Four Corners production that I linked last time they were talking about the rush for critical mineral exploration and the huge pressure it has put on lab infrastructure for analysis so I'm guessing a few weeks after drill.
How long for results Swiss, next month on ddill results.
Announcement due on ASX in approx 10 mins.
Does anyone know out there when we get next drill results may be in 6 weeks or so. Any thoughts
Don't forget that ASX was shut for Trading TODAY Australia time (Thursday 22nd September 2022)
The Board anticipates the drilling campaign at the BHA Project’s East Zone will commence shortly, after approval was secured from the New South Wales Resources Regulator (NSWRR).
Good news and expect to see drilling from today.
FOUR CORNERS produced a good programme about critical mineral mining in Australia and some planned pathways for the mining and production of them going forward. Cobalt blue and Broken Hill are mentioned among others but demonstrates the general attitude of the Australian government and the mining industry proposals towards Cobalt and REE elements. I found the programme interesting and up to date even though it was produced earlier this year.
https://youtu.be/ZXA2ae46nWY
AF :DDDDD
Suggest you check with your platform/broker. 7% higher?
https://www2.asx.com.au/markets/company/ccz
Castillo Copper’s Managing Director Dr Dennis Jensen commented: “Recent gyrations in global commodity markets have further galvanised the Board’s resolve to create value for shareholders via developing the core copper-cobalt projects. Moreover, having signed an option agreement with Hyperion Copper to sell the Zambia assets, the Board’s focus is now steadfast on advancing the Australian projects which all have Mineral Resource Estimates.”