CNB 8.43% 45.0¢ carnaby resources limited

Getting a wee bit ahead of myself here and totally daydreaming...

  1. 119 Posts.
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    Getting a wee bit ahead of myself here and totally daydreaming of potential with some pretty big assumptions (not financial advice!): Assuming all options are exercised at some point in the near future and ignoring any possible (inevitable?) need for a CR we have ~130m SOI:

    A market cap of $300m = $2.30 (+36%)
    A market cap of $400m = $3.07 (+81%)
    A market cap of $500m = $3.84 (+127%)

    Assuming other assets aren't sold off and we decide to mine ourselves, a push much past here will surely require dilution to fund mine development. Assuming 70m shares issued at $3.20 (for $224m) gives a SOI of 200m:

    A market cap of $800m = $4 (+136%)
    A market cap of $1b = $5 (+195%)
    A market cap of $1.5b = $7.50 (+343%)
    A market cap of $2b = $10 (+491%)
    A market cap of $3b = $15 (+787%)

    I dare not dream further than a $3b MC
    Last edited by Skene1988: 14/01/22
 
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