CNB has little or no JORC resources and these are assets. Everything else is exploration potential and many a drill hole has ruined a good prospect. CNB will need to get some of these copper deposits into JORC resource status if it wants to get a serious lift. Antipa has been sitting on JORC resources of 2 million ounces plus copper for a while and going nowhere. This week it is finally getting noticed after the third announcement in the last couple of months saying we have a high grade Haverion look alike at Minyari. The market is finally believing it. Perhaps, after the way the Strelley results disappointed the market, CNB will need several more announcements saying Nil Desperandum is a large high grade IOCG deposit before sentiment changes. Maybe a comparison to Ernest Henry will help.
I have more idea about the expansion of the copper inventory and where this is going than the share price. Perhaps the first is necessary before serious movement upwards on the second.
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