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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Castillo Copper Limited | CCZ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.25 | 08:00:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.25 | 0.25 | 0.278 | 0.25 |
| Industry Sector |
|---|
| MEDIA |
| Top Posts |
|---|
Posted at 28/12/2022 12:07 by rookieswingtrader2020 I finally sold the latter half of my small CCZ holding today (Wed 28th Dec 2022), at a loss. Another poor recommendation by HotStockRockets. Admittedly with this one I ended up doing my own trading with it, but even if I had followed their recommendations step by step I would still have made a considerable loss. From HSR’s 15th Jan 2022 update on CCZ: “We profusely apologise that it has not worked out as hoped, but with much more comfort elsewhere in the portfolio it looks better to take the hit here and reinvest elsewhere. Sell.”. |
Posted at 11/11/2022 08:42 by oakville Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, advises that trading in the shares of the Company has been halted on the Australian Securities Exchange ("ASX") effective from 11 November 2022. The halt was requested by the Company pending the release of an announcement relating to geological results at the Broken Hill Project. |
Posted at 01/6/2022 16:38 by abbynat where is everyone? look its on the rise, at last.need some more encouraging newsflow, come on ccz! |
Posted at 06/10/2021 15:14 by jlondon pensionplanner and all,Given you were interested in the Vendor*s Geologist Consultant, there is more details that has come out today from Alan Green*s new interview on CCZ via Vox Markets today, 6 Oct 2021. From the past, Cadence used SPK Consulting for their Sonora Greater Lands Scoping Study that showed an NPV of US$2bn [Stage 2 of which Cadence has a 30% JV] .This is contrasted with BCN*s own JORC on Ventana 88%, Stage 1 of Sonora with an NPV of US$1bn [just over]. Cadence, former name REM plc *s Founder, DL used SPK Consulting also for their Greenland licence, next to GGG*s Kvanjfeld world class REE project. DL tends to use world class consultants like Schlumberger etc for say his oil project. However, now, I dont know what is their style given KM has taken over as CEO of Cadence. Interesting that Alan Green revealed that the CCZ GEOLOGIST CONSULTANT C O N F I R M E D Cadence*s Geologist Consultant*s work on Litchfield-Picasso lithium project, NT & WA, Australia. From the 4 pics seen from the CCZ RNS, I note that the new Geolgist Consultant took a pic of the trench and he marked it with CHAINS like this / / to delinate perhaps the width but that is only my logic. I was NOT AWARE of this until Mr Green revealed that the new Geo Consultant CHECKED the old Geo Consultant*s work which Cadence commissioned in 2019 and RNS*ed it [2]. I have posted the details of the Apr 2019 RNS from Cadence and what the Geo Consultant found plus his field work. Anyhow, do check and listen as Alan Green said the Broken Hill IPO *s mkt cap $4-7m. Plus Mr Green gave a more detailed commentary on BIG ONE & ARYA. I have to listen to it again because I hear a term which I have to check before posting. Thanks goes to Cadence other forum as one poster spotted it today. So, attribution and thanks to this poster. JL 6.10.21 |
Posted at 06/8/2021 17:34 by jlondon Castillo Copper tweeted today at 3pm+, Fri, 6 Aug 2021Link: It relates to Mt Oxide and the "context." CCZ's tweet also mentioned that Big One,Qld is near "historic and OPERATING MINES" namely, Mt Oxide, LADY ANNIE & CAPRICORN MINE. CCZ shows the map and their prospects. I have already posted a few days ago that Lady Annie was sold to the Chinese and Capricorn Mine was bought by the renowned Owen Hegarty and has just IPO'ed in Australia with a mkt cap of A$1bn. CNBC International interviewed Owen Hegarty as its not everyday that a mining co comes to mkt at A$1bn. The co is named 29M. 3 prospects are in 29M ie Capricorn Mine, one in WA, Oz & Chile. Its just occured to me that given the 3 historic and operating mines are close or closer to CCZ's Big One, the geology will be in that same category but grades may differ somewhat in part/s. However, to me, I am looking forward to the Competent Person [Geo] preparing the JORC as indicated in the Feb 2021 CCZ Presentation. CCZ tweeted a few days ago to ask shareholders and potential investors to look at this Feb 2021 presentation. They later tweeted the next day, a para from the said presentation ie major discovery which I have posted already. Fri, 6 Aug 2021. |
Posted at 06/8/2021 08:59 by jlondon PensionPlannerRelating to your post above #775, 6 Aug 2021 [Fri], I went to have a look. I found the original CCZ RNS dated "Highlights: Acquisition gives Castillo a commanding position in Broken Hill - A TRANSFORMATIONAL MOVE which delivers a large footprint proximal to Broken Hill*s world class silve-zinc-lead deposit." Dated 1 Oct 2020 "Castillo*s enlarged package...geological modelling released by GSNSW highlighted the ground is PROSPECTIVE for Broken Hill type ZINC-SILVER-LEAD and IRON OXIDE-COPPER-GOLD mineralisation [IOCG]." CCZ paid A$215,000 cash plus assign 2% NSR in the event of future mining operations materialising. My Comment: The CONTEXT of transformational is qualifed as in the said RNS from CCZ by the worl "move." In a lot of the CCZ RNS, it does state: "prospective." There appears to be 2 types of geology - the west side is Broken Hill type and East is more IOCG. So, they paid upfront A$215,000 for it and did further technical work on it as said in the RNS above. I did say that it is my view ONLY that any prospective target could be "TRANSFORMATIONAL" as NORM. I did not recall the latest CCZ RNS stating that Broken Hill is transformation so I decided to have a look. So, the context was qualified by the board as in the original RNS of 1 Oct 2020. Kindly check. Currently, at 9:32am, Fri, 6 Aug 2021 the share price is 1.9p to sell and 2.1p to buy [Advertised, not live]. Live price [dummy] is 2.0298p to Buy [normal mkt size only] and to sell 1.9301p. This will help as its hard to distinguish buying and selling price since the spread is not very wide. There is no change either + or -. |
Posted at 06/8/2021 08:14 by pensionplanner No its not straightforward, yes we have the cash, which may or may not assist developing remaining assets, but you look at the RNS announcements about Broken Hill....TRANSFORMATIBetter to finance the £2.4m or come to CCZ shareholders for it keeping it CCZ, instead of what some may consider stealing an asset from CCZ and passing it via IPO to person/persons unknown and where we only know the chairman, but do not know if our current directors will be on the board there, which would in my opinion be against Companies Act as offering terms prejudicial to minority shareholders. Again this asset was 'transformational', so if we get £2.4m for it, and its spun off BECAUSE its a great asset, it could end up being a £100m asset for what...£2.4m of spending money for CCZ directors to use. Better then to finance it, even if it means dilution, we would still be in a better position that not having the asset at all. Failing that a shareholder only offer placing, as if raising £2.4m is that hard for our directors perhaps they should consider other employment. I have not only made my position clear, I have reported it to both the LSE and the FCA as I do not believe it complies with the rules, and may be in contravention of the Companies Act regarding minority shareholders, let alone disposal of a significant asset. I have seen similar elsewhere, and on one occasion an asset spun off, within months was worth multiples of the company that spun it off....which is OK if shareholders share in that success with what is OUR asset, but where it mentions SUBSCRIBING, its not on. In that case why not use shareholders to subscribe for £2.4M shares in CCZ, because at least ALL shareholders would stand to gain, whether they chose to buy more shares in a preferential offer to shareholders in the same company, rather than HAVE no interest in an asset they own spun off as another company, unless they effectively REPURCHASE their own asset! Some shareholders may not have the money to do that, and would be disenfranchised, and effectively it puts existing shareholders at a distinct disadvantage, and under duress to either buy shares in the new company or face losing the potential of this transformational asset, which CCZ was so glowing about. I get the impression that some posters are not private investors, but may be acting as spokespeople for CCZ |
Posted at 06/8/2021 08:06 by bill216 Surely if CCZ is selling part of an asset through the IPO then the resulting proceeds become an asset of CCZ in return. Therefore shareholders have that cash instead. Pretty straightforward. The issue is then does the IPO allow CCZ to get a higher value for that asset as opposed to say a farm out? I think it probably will. So i think it's a good idea. Undoubtedly the IPO value will be higher than the current Value on the balance sheet so there should be an uplift in NAV. The cash can then be used to progress other assets again hopefully increasing their value. No value is disappearing. CCZ is selling something and CCZ gets the proceeds. And we are CCZ shareholders. |
Posted at 05/8/2021 16:50 by jlondon CCZ IPO - Broken Hill [BH]5.8.21On the London South East, the above was discussed today. In particular, Colonel Drake on the London South East CCZ forum stated: "Overall, I think this removes the fear of heavy dilution to fund BH with capital to focus on the TBO. Makes sense but only if you THINK you have something worthwhile at TBO." The rest is also of interest in that shareholders have a choice to buy into BH or not depending on the "PURE EXPOSURE" or "SPREAD RISK" option. This is the 1st time I have seen Colonel Drake on CCZ but he is a experienced investor as he comes over from Solgold forum. It is common knowledge that where a junior exploration has many projects on the go, the market will not usually price in the other projects & for this reason, even Paul Johnson is also doing spin-outs to "realise value" or rather crystallise value potentially. Generally known. Also, Ged from CCZ has today done an AUDIO which is of interest, again, London South East CCZ sourced it first re: drilling results at Big One, Arya & Zambia. On a more positive note, CCZ SHARES WAS +2.56% AT 1.9/2.1p per LSE. Looking at the data from LSE [Lon Sth East CCZ], there was rather largish buys. A green day which is welcomed from after Ged*s audio interview. Thur, 5 Aug 2021. |
Posted at 30/7/2021 17:56 by jlondon Today Fosterville South reported assay results in their Victoria, Oz project. They drilled quite a no of holes but they reported on the headlines ones. The grades and intervals has been posted on the London South East forum for CCZ. Charlie Stephenson retweeted the RNS/ANN so he is keeping abreast of Australian drilling results of the bigger and well known co*s in Australia.Whilst Fosterville South is in Victoria [one of the 2 best successful co*s] & CCZ is in Qld, Australia, nevertheless, Fosterville South*s Director & COO has described them as "STRONG GOLD GRADES" and "LENGTHY INTERVALS." 20m @1.53 g/t au gold including 2m @7.05 g/t au. 6m @1.79 g/t au gold 29m @2.46 g/t au gold 28m @1.12 g/t au gold Whilst Fosterville South*s drill results are gold and CCZ copper, nevertheless, gold grades ABOVE 1 g/t au are considered good whilst many of the world class projects like in Chile are 0.6 per Mr Colin Bird. Rio Tinto*s world class WINU in Paterson, WA, Oz has grades of around 0.45 % CU COPPER from recall [+-]. Even the intervals at CCZ compare very favourably with Fosterville South given this is more of a surface project rather than a prophyry going down to 1,000m and beyond. Big One , CCZ is NOT a porphyry. Charlie Stephenson, Geo and Mining Specialist had said in his broker note of Jan 2021 that the CCZ ore could be TRUCKABLE. As said, Rockfire*s CEO said that TRUCKING can shave off double digit millions [substantial] from a project. Rockfire*s gold project is on the Qld coast vs CCZ a bit more inland also in Qld. Mr Mark Biggs is the Competent Person & Geo for CCZ who signs off the RNS*s and reviews the data etc per the RNS details. From his Linkedin Mr Biggs has and is competent to sign JORC for some 32 yrs although his experience amounts to 39 yrs. Mr Biggs, like Mr Stephenson has a BSc in Geology including Masters in Geology. Per 2mex: Post 741, 30 July 2021: "My opinion. THE DATA IS THERE TO BE FOUND." Earlier, 2mex said "ITS A DUD." [Ref: ADVFN, 29 July 2021 @23:56, Post No #737] As for opinion, is it a PROFESSIONAL OPINION ie that of a practising Geologist with BSc and Masters in Geology with the requisite no of years of experience or is it a layman? It is important given the opinion is "ITS A DUD."? What is the DATA to prove it? The RNS*s have been reviewed and produced by Mr Biggs & Charlie Stephenson, Geo & Mining Specialist has been to the CCZ Big One as per norm and has given an interview + broker note. share price Angel has reported the 25 July 2021 results although they are not brokers to CCZ - no caveats issued by all of the recognised Geo*s and Mining Analysts. The word "DUD" is NEVER USED IN GEOLOGY NOR IN ANY RNS*es issued by any mining co. Online definition states Dud means: "SLANG for anything that does not work or is defective." Its early days in drilling of Big One. Nearby, CCZ stated on their website that the Big One is near LADY ANNIE & CAPRICORN MINE. Lady Annie has been SOLD to the Chinese. Capricorn Mine [Copper] has been bought by Owen Hegarty of EMR, a private equity co that is very well known. The Capricorn copper mine, Qld, Oz _+ WA mine + Chile has been injected into the recently listed 29M on the Oz ASX and currently has a MKT CAP OF OVER A$1 BILLION. For this reason, Mr Hegarty was interviewed by CNBC International given the IPO was a big one even by Oz standard -its on Twitter #ccz thread. CCZ*s prospect itself has been a historic mine so it is IMPOSSIBLE THAT IT IS A DUD given it was NOT A HISTORIC DUD? So, can one logically conclude that the opinion is NOT a professional one nor one from a nuanced and seasoned junior mining investor??? NO PROJECT IS A DUD IF THE DRILLING HAS GOOD ENOUGH INTERVALS & GRADES - it is whether it is ECONOMIC TO MINE OR NOT? No one can tell at this stage until the results come in and there is sufficient to produce a JORC or updated JORC if there is a historic resource.? There are lots of people reading forums and it is fair on everyone to be able to have a BALANCED VIEW. So, the jury is out - is it a dud given there are NOT even enough drills completed yet at Stage 2 or is it a dud because X, y. or Z? No reasons given. Mr Bird has provided a CONCEPTUAL STUDY for XTR*s Racecourse, NSW, Australia based on the historic JORC and it sets out CAPEX, COPPER PRICE etc in 10 scenarios showing cash flow. This has been just modelled. So, without a geo model, a declaration it is a dud does appear to be from a layman with a guess?? Data? Can you kindly with due respect provide the data you quoted? A Conceptual Study is quicker than a Scoping Study, the former of which gives a quick look but it would need to go to more formal studies as norm later. This post is caveated with "IT APPEARS." |
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