CNB 3.45% 56.0¢ carnaby resources limited

Ann: HMX: Commencing Preliminary Discussions, page-22

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    Merger or transaction of some description by the looks. The challenge for CNB is to strengthen their position, the challenge for HMX is to strengthen their position. Oh, the commercial tension has been building for some months now.

    Logic says both companies should focus on what can be created here. A significant copper explorer in a great copper district, soon to become a producer at Mt Hope.

    Glencore will be watching closely………
 
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