Ann: Quality Results at Mt Birnie, Sulphides Hit Nil Desperandum, page-60

"It becomes more of an asset when JORC resources are proved up and this will probably be required to convince the market and factor it into market cap. CNB need to generate JORC Resources which are assets, everything else is exploration potential"...

Agree 100% FOMO and other factors such as nearology / potential will only affect MC so far... JORC resources will be the essential factor in bringing us to the '000's Mil MC or even $ Bil

And proving up JORC resources takes time, but with all of our drilling campaigns and results to come, we are on the right path...

In another company which Alfie likes, after doing a bit of research last night, they have recently increased their JORC resources 44% PGM and 22% Copper... The SP also reflects this increased JORC resource... SP has risen from 6 c to 60 cents (10 BAGS) over a year, and Alfie still believes it has another 10 Bags and will reach a MC in excess of $1 Billion as they continue to drill and increase their JORC resources to their asset base...

In regards to CNB, at MC of 35-40 Mil, this would be like buying into that company below 15 cents as they are now almost 170 Mil MC...

Rob seems quite convinced that "thereis NODOUBT anopen pit is expected to be developed here +potentially an underground one as well" ...

Looking forward to Carnabyupdating the existing estimates into reportable JORC MineralResources

Copper in the Greater Duchess Project could potentially in itself significantly add value to the company, not to mention gold / copper projects on the other side of the country (WA) at Malmac / throssel and in the Pilbara...

Thanks for your explanation Geofiji - Your contribution here is highly valued and appreciated...

Hope you are having a good weekend at a pristine beach under a palm tree sipping on some "tropical juices"