CNB 5.95% 39.5¢ carnaby resources limited

Ann: Lady Fanny Growth Continues,32m @ 2.6% Cu at Greater Duchess, page-49

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  1. 1,027 Posts.
    lightbulb Created with Sketch. 537
    Great consistent results. Fundamentally the company keeps pushing forward which is great.
    I expect we might be stuck in this trading pattern until the new financial year. It seems EOFY sellers are taking advantage of the extra liquidity from each announcement which crushes any chance of a momentum shift. Come July I think we will see a huge change in sentiment.
    A big game changing announcement could help break it early though.

    Lithium drilling was due to start this month, now Mt Hope IP surveys and maiden drilling to start within 2 months on top of an already busy/exciting year.

    I wonder if we might see a deal or sale executed later in the year regarding either the Tick hill package or a WA tenement. Management don't mind pulling out a bit of a surprise ann and with the focus now mainly centred around the Mt Isa/Duchess copper region , it would make sense IMO





 
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