CNB 6.58% 40.5¢ carnaby resources limited

CNB and why it is STILL undervalued!!, page-278

  1. 1,085 Posts.
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    Ran out of time on the edit. I want to make clear that your should always DYOR and take responsibility for your investment decisions. Remember that many a drill hole has ruined a good prospect. Infill drilling may not always uncover what is expected. I once worked on a new gold mine in WA that had not undertaken infill drilling at depth but had assumed ore was continuous between 100m deeper drilling sections. I suggested infill drilling and 10,000m later it turns out that it wasn't continuous and the mine closed over 3 years earlier than forecast.

    My calculations are not certain to deliver, just my thoughts. CNB should be able to generate JORC resources on all 3 prospects with infill drilling. I wait with interest to learn what the actual JORC resources will be. JORC resources are assets, everything else is exploration potential.
 
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Last
40.5¢
Change
0.025(6.58%)
Mkt cap ! $69.63M
Open High Low Value Volume
38.0¢ 40.5¢ 37.0¢ $48.82K 127.6K

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No. Vol. Price($)
1 7861 38.0¢
 

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Price($) Vol. No.
41.0¢ 2000 1
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