CAV 20.0% 0.6¢ carnavale resources limited

Ann: Half Year Accounts, page-3

  1. 74 Posts.
    lightbulb Created with Sketch. 18
    Yeah, its clearly on the horizon given they only had 2.9 quarters of funding available as at end Dec 2023. This quarter they have continued with the original December drill campaign and so if we assume a similar amount spent in Jan-Mar 24 (as Dec Qtr) of $697k on exploration & a similar amount on general ops of $189k we will be sitting on about $1.7M. That'll bring us down to about 2 Qtrs left. But it would be handy to get the MRE out asap.....



    https://hotcopper.com.au/data/attachments/6020/6020224-12897278093be911a8f449e937393e90.jpg

 
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