CNB 2.82% 36.5¢ carnaby resources limited

Nice summary at the end."*Management have extensive mining...

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  1. 19,172 Posts.
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    Nice summary at the end.


    "*Management have extensive mining experience and a well established track record for rapid growth

    • Well funded with a tight capital structure and only 96M shares on issue

    Tick Hill Gold Project targeting first gold production in Q4 2020, with negligible pre-start capital required

    • Forecast PFS pre tax net cash flow of $25.6M over a 13 month period1

    • Faulted offset exploration target drilling at Tick Hill is being planned

    • Extensive camp of undeveloped copper rich IOCG deposits including the high grade Mount Birnie deposit

    • Early stage exploration projects in Western Australia including the Strelley project located in the Mallina Basin that hosts De Grey Mining’s Hemi gold discover"


    Love how the wording has now been changed to "targeting first gold production in Q4...", to reflect how it's been brought forward.
 
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