CNB 2.86% 51.0¢ carnaby resources limited

They haven’t done that much drilling to increase the MRE. A few...

  1. 195 Posts.
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    They haven’t done that much drilling to increase the MRE. A few good hits on the mount hope out side of MRE but not huge amounts of drilling.

    The new large open pit scenario will help with the MRE increase but will be more copper added at a lower grade, which may increase the overall amount of copper but possibly drop the overall grade slightly.

    I would be happy with 350,000 + cu eq .personally I’m more interested in wether they can show a viable and profitable path to production, any indications of when they may hope to start production.

    In the time leading up to potential production there will be plenty off drilling out for extensions and potential discoveries to help add to and eventually update the MRE .

    good luck to all holders

    AIMO DYOR

 
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