CAV 0.00% 0.4¢ carnavale resources limited

Ora Banda Heating Up

  1. 3,899 Posts.
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    According to the company, they'll start AC in about a fortnight.
    However, this region is starting to really heat up.
    Don't know how I let this go through to the keeper for almost 1 week, however check out EVN's acquisition for $400m cash from NST and look at what they're acquiring.
    WhatsApp Image 2021-07-27 at 03.32.56.jpeg
    CAV's Ora Banda project is in red. EVN is in black. NST is in purple.
    As a Manchester United supporter and a CAV shareholder, I picture the purple replaced by black to create a black & red map, and it brings a big smile to my face.
    IMHO, CAV's OB ground has suddenly become much more valuable, and this is not being appreciated by the market.
 
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