CAV 0.00% 0.4¢ carnavale resources limited

Ann: Drilling continues as Kookynie delivers outstanding results, page-102

  1. 42 Posts.
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    CVR (another small cap gold explorer) released their maiden ore reserve a couple of days ago: 29koz with estimated AISC of $1,777/oz and gold price of A$2,900/oz returning undiscounted cashflow of A$24.6M. Share price prior to announcement was $0.10 - post announcement it's now $0.18. How do we think this compares to CAV?
 
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