Ann: CARBINE PRESENTATION TO QUEENSLAND EXPLORATION COUNCIL FORUM, page-4

yes, a settling period coming up. If drilling results in March give the resource size a big nudge then this could help to support the price but fundamentally still very cheap.
If the mining operation plays out as per the scoping study, then CRB is trading at less than annual profit. At a modest PE of 7 or 8 to be conservative then significant appreciation is on the cards over the coming year (IF, the feasibility study concurs with the scoping study conclusions). I have bought quite a few but would have to sell CLQ to get more of these which will not happen, so will try to add small amounts when funds available.
The careful and considered approach to derisking the project is good to see, and there is plenty of blue sky in the resource upgrade and the addition of other projects as has been alluded to before.