CNB 8.43% 45.0¢ carnaby resources limited

Ann: Tick Hill Tailings Dam Sale Update, page-10

  1. 798 Posts.
    lightbulb Created with Sketch. 266
    Backside of napkin here,

    9.1M cash + 750k + ~2M + greater than 18M at current price gold in ground = looking at roughly 30M in assets right now. Market is under 40M so that equates to a 10M EV.
    Laughable
 
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