CNB 2.04% 48.0¢ carnaby resources limited

BMT - Disallowed Potential European Cobalt $4.5 cash 50m SOI $15m MCAP, page-1152

  1. 2,693 Posts.
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    BMT bought this area less than 12 months ago and they don’t have a superstar like Tolga as a manager. They will be slower to market than the rest but sometimes slow and steady wins the race. Hopefully the first few holes show 0.1-0.2% cobalt for 3-4 m. Market is currently valuing them as if they have no cobalt at all. They have a good bunch of Geo’s let them do the work. This mine has the benefit of being abandoned when cheaper blue pigments came along rather than being exhausted.
 
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