"Carnavale seeks to maximize shareholder value in the development of the Swiftsure deposit and further exploration of the Kookynie Gold Project. The Study describes one way that Carnavale may monetize the Swiftsure asset. The Company recognizes that an outright sale, partial sale or Joint venture of the deposit or Project may also bring strong shareholder value. "
So it is for sale if they can get a decent offer. Actually thought they would have called a CR by now, wonder if a potential sale or JV is in discussion which would make this unnecessary?
Was also surprised that they still haven't actually applied for a mining licence by the point in "Future work" - "Apply for a Mining license and proceed to a mining permit. "
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.36M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.308K | 326.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 88000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 29795903 | 30 |
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| Last trade - 14.12pm 09/10/2024 (20 minute delay) ? |
| CAV (ASX) Chart |