CNB 2.04% 48.0¢ carnaby resources limited

Ann: Step Out Drilling Hits SW Extension of Nil Desperandum, page-177

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    why would a $200m market cap be a great entry to an early stage lithium play?
    CNB currently has a significant copper discovery priced into its market cap - so the early stage Lithium exploration even if successful isn't likely to have a noticeable impact on valuation. CNB is all about this copper discovery at the moment and the copper exploration results need to continue to deliver to justify current or higher market cap.
 
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