An emerging copper explorer.
C29 Metals Pty Ltd (ASX:C29) is a mining exploration company focused on copper assets situated within Tier 1 mining regions with significant discoveries.
Investment Highlights
C29 Metals has a Low Enterprise Value relative to peers – strong potential for growth
Copper spot market at 8 year highs – US$4.63 per pound
Post IPO, C29 Metals Ltd will be well funded ~ A$4.7 million cash
Under-explored ground with drill-ready targets
Junior exploration peers in these terranes are showing strong growth from successful exploration and discovery in NSW such as Helix Resources – Collerina South discovery
C29 Board and Management have experience in exploration discoveries and resource development
Key Catalysts
ASX Code: Proposed C29.ASX
Number of shares on issue – 39,291,667
Share price A$0.20
Market Capitalisation – A$7.86 Million
Cash (After costs) - A$4.76 Million
Options – 9.25 Million (unlisted, founders, venders and Executives)
Low enterprise value - $2.9 Million
Capital Structure – Post IPO
Share Price Information
Recent ASX Announcements
Our Projects
Contact
info@c29metals.com.au
+61 8 6559 1792
Suite 2, 1 Altona Street
West Perth WA 6005
