NFM - New Frontier Minerals

[mullokintyre]

CCZ touched the lows of late December last year before the drilling results.
Huge queue of sellers over buyers.
They are going to need something spectacular to recover.
Have some speccy buys in sub .03.
Mick

 

[mullokintyre]

CCZ announced that drilling is on track.
Sounds like making an announcement for the sake of making an announcement.
Mick

 

[mullokintyre]

I only got a very small component of my sub .03 filled.
Does not look like revisiting there any time soon, so jumped off the CCZ bandwagon with a large profit percentage wise, but tiny dollar wise.
Mick

 

[mullokintyre]

CCZ seems to have had a bit of a kick along courtesy of the OZL/BHP action.
Think I might invest some of my OZl profits back into this one.
Coming off some very low SP, so be hoping for a some more supside due to interest in copper.
Mick

 

[mullokintyre]

Added a few more CCZ this morning, just on the off chance that Copper will eventually be heading upwards again.
There is a lot of electrical connections that need it, far more than Nickel, which is being rerated due to its use in EV's.
Mick

 

[frugal.rock]

Added a few more CCZ this morning, just on the off chance that Copper will eventually be heading upwards again.
There is a lot of electrical connections that need it, far more than Nickel, which is being rerated due to its use in EV's.
Mick

How about a chart Mik?

 

[mullokintyre]

How about a chart Mik?

A chart of what? Nickel, electrical connections , CCZ or Copper?
I failed at TA 101, and have never recovered.
Mick

 

[mullokintyre]

CCZ quarterly and cash flow out.
Suggests it has less than 3 quarters of cash left.
Expect a run to the market for cash.
Sold out for a smallish loss.
Maybe buy back in if and when cap raise is nnounced.
Mick

 

[System]

On December 4th, 2024, Castillo Copper Limited (CCZ) changed its name and ASX code to New Frontier Minerals Limited (NFM).