Stock Analysis

The release is labelled preliminary and unaudited. Champion said the figures are based on management's current estimates, have not been reviewed by its auditors and remain subject to the quarterly financial close and review procedures, so final results may differ from those now published.

At Attina, hole 26MIE-014 intersected 12 metres at 0.60 per cent copper and 0.14 grams per tonne gold from 12 metres, including 1 metre at 1.38 per cent copper. Hole 26MIE-016 returned 5 metres at 1.21 per cent copper and 0.22 grams per tonne …

The company says it has firm commitments from sophisticated and professional investors to raise $900,000 before costs through 100,000,000 fully paid ordinary shares at $0.009 each. The first tranche of 6,585,000 shares, about $59,000, has been issued under existing placement capacity. The second tranche …

For Phase 1, the company reports a pre-tax net present value of $1,290 million and an internal rate of return of 36%, with a post-tax net present value of $867 million and a post-tax return of 29%. Payback is four years and mine life …

EPT2431 returned 12.7 metres at 4.9 per cent copper from 25.75 metres, within a wider zone of 44 metres at 1.7 per cent copper from 8.1 metres. The company says the high-grade component forms part of a zone above two per cent copper that …

The company attributes the 88 million tonne reduction solely to changes in estimated bulk densities, stating that the modelled mineralisedVolumeis unchanged. Estimated densities were lowered for two upper horizons, with the Batu Putih upper horizon falling from 1.64 to 1.07 tonnes per bank cubic …

The second part is a pro rata, non-renounceable entitlement offer on a 1 for 6.7 basis, for up to roughly 606,943,323 new shares and up to $606,943 before costs. If both parts are fully subscribed, the combined gross proceeds would be about $1.21 million, …