CNB 13.1% 56.0¢ carnaby resources limited

Ann: Mount Hope Development And Exploration Footprint Expands, page-45

  1. 817 Posts.
    lightbulb Created with Sketch. 296
    Hey guys just wondering if anyone has a rough timeline-pathway to production for this.
    My understanding is they are currently producing a scoping study for the project but I fail to see the benefits of producing this study rather then a pfs instead as this is usually the most important study for a future mine.

    I have seen some here saying this could be mining within two years, that too me seems absurdly ambitious considering they have not yet produced a pfs, dfs or all of the various approvals including environmental ones needed before mining. Just wondering what you all think about this. Even if they can send ore to mount isa it still seems like a long road of checklists to get to production, not to mention we haven't even drilled out the resource yet.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
56.0¢
Change
0.065(13.1%)
Mkt cap ! $96.28M
Open High Low Value Volume
50.0¢ 58.0¢ 50.0¢ $363.5K 677.9K

Buyers (Bids)

No. Vol. Price($)
3 30245 50.0¢
 

Sellers (Offers)

Price($) Vol. No.
56.0¢ 25395 4
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.