CNB 10.7% 50.0¢ carnaby resources limited

Capital raise or not is not the question. The only question to...

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    Capital raise or not is not the question. The only question to ask is, “Is the cash used well?” In CNB’s case, they have drilled three IP anomalies and has 3 standout successes. Maybe the success rate is a factor of the soil type or maybe it’s a result of the skilled interpretation. Whatever, the results are the same 3 out of 3 100% hit rate has occurred, now I expect this run to continue. The RIO tenements have potential as does the Magna Lynn formation, drill baby drill.
 
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