CNB 2.44% 40.0¢ carnaby resources limited

I wouldn't be selling my house to buy shares now. I have been...

  1. 1,051 Posts.
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    I wouldn't be selling my house to buy shares now. I have been saying for 5 or 6 months that this will be a mine. For me there are no ifs, buts or maybes, it will be a mine. It is of economic scale and grade. Throw in Mount Birnie, the old JORC from Duchess/Ivanhoe and Lady Fanny and the only question is how big and what is the final grade. The high grade shoot will make a big difference to the profitability and the tonnage required to make a very profitable mine. You don't need many tonnes at that grade and we don't know how big it will get.
 
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