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47.0¢ carnaby resources limited

GeoFijiThanks for another positive update. Once buyers get past...

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28/06/23

11:51

Post #: 68510155
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Originally posted by GeoFiji: ↑

Experience in the region for over 100 years indicated that it was likely to produce metallurgical results of high quality. The testing always needs to be done to confirm and there will be a lot more testing prior to any processing plant design. Another box ticked on the march to a JORC resource and copper - gold production.

Drilling out for resource calculations never excites the markets much and commodity prices have been subdued. No surprise that the share price has been drifting. It causes me no concern at all.

Whilst there are many other exciting new places for Carnaby to drill I think drilling out resources on a granted mining lease seems logical at present. The new discovery work can come later, exciting though it is.

DYOR Not investment advice.

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GeoFiji

Thanks for another positive update.

Once buyers get past $1.06 there isn't much selling listed until $1.14.

Happy days are ahead.

CNB Price at posting: $1.05 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 47.0¢		Change 0.050(11.9%)		Mkt cap ! $80.81M

Open	High	Low	Value	Volume
41.5¢	49.5¢	41.5¢	$377.6K	828.1K

Buyers (Bids)

No.	Vol.	Price($)
1	1200	46.5¢

Sellers (Offers)

Price($)	Vol.	No.
48.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	1200	0.465
2	69676	0.460
1	7750	0.455
1	20000	0.445
3	130000	0.440

Price($)	Vol.	No.
0.480	10000	1
0.485	25000	1
0.490	38000	1
0.495	8582	1
0.500	17250	3

Last trade - 16.10pm 27/09/2024 (20 minute delay)

CNB (ASX) Chart