CNB 2.04% 48.0¢ carnaby resources limited

I went into some detail on this topic Post #: 598297084c in...

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    I went into some detail on this topic Post #: 59829708

    4c in March 2009, upon first discovery mid May 09 went to 40c, within 4 months circa $3.50. They were in production within 3 years and paid first dividend in 2014. I agree with @GeoFiji price target but I think he is way off with his 3 year estimate. SFR were intra day $8 in a little over a year, almost ATH.

    If we were comparable we could see $4 by July/August

    Very similar SOI at the time and also had some cornerstone investment. I would be surprised if we don't have an initial JORC resource by end 2023

    DYOR
 
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