CNB 2.04% 48.0¢ carnaby resources limited

Ann: Spectacular Copper Discovery - Greater Duchess Project, page-115

  1. 1,033 Posts.
    lightbulb Created with Sketch. 6305
    My view is that this a significant discovery. I have no intention of selling. With confirmation of one of the IP anomalies being due to copper sulphides and given the thick intersections already with some very high grade intersections to come this could go anywhere. My view of the 251-275m zone announced today was 24m@10% Cu but parts of it will be higher. The nature of the IP anomaly means that more spectacular high grade semi-massive sulphides will be expected and more of the long 1% Cu intersections surrounding it. The large IP beneath the Duchess mine adds extra interest now.

    I understand people selling out to take profits. If your personal circumstances require it then so be it. I think the re-rating has not yet begun. With everything this company offers I think it should be in the 70-80 cent per share range at present. The upside potential from there is substantial. This is still a buy and I think will reward those that can buy or hold for the rewards of 2022.

    Not investment advice. Investment decisions must match your personal circumstances and risk profile. DYOR.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
-0.010(2.04%)
Mkt cap ! $82.53M
Open High Low Value Volume
50.0¢ 50.0¢ 45.5¢ $467.2K 986.6K

Buyers (Bids)

No. Vol. Price($)
1 43099 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 40000 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.