CNB 2.04% 48.0¢ carnaby resources limited

BMT - Disallowed Potential European Cobalt $4.5 cash 50m SOI $15m MCAP, page-12

  1. 5,241 Posts.
    lightbulb Created with Sketch. 2574

    Hi MM,

    I thought the CR was via Argonaut, not Max Capital? Interesting info re Jason B.

    I also see a strong upside potential as per your post, also due to;

    * CR done in two tranches, tranche one 5mil, hitting accounts 16th Feb - tranche two, remaining 5mil only come into play sometimes in late April and only if DD is positive.

    * BMT had a very good spike on announcement and seems to hold very well, the serious money will come once/ if deal is officially confirmed after the DD, which could be late March, early April.
 
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