CAV 20.0% 0.4¢ carnavale resources limited

Ann: Resource drilling continues at Kookynie, page-27

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  1. 1,446 Posts.
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    https://hotcopper.com.au/data/attachments/5897/5897488-6890d919e97ebedb981acee17f47b6f1.jpg
    Awaiting the results with eagernness and following is a fair valuation based on ounces and current prices could easily push below figure's higher

    With a 85k ounce resource approx. x2.7 MC SP approx .014

    With a 120k ounce resource approx x3.5
    MC SP approx .0175

    With a 150 ounce resource approx x4.4
    MC SP approx .022

    Figures are Based on rescent Ramelious buy out of similar mine and strike of above 10g/t for 500 bucks an ounce buy out.

    GLTAH





 
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