CNB 8.43% 45.0¢ carnaby resources limited

Ann: Stunning First Drill Results Lady Fanny - 27m @ 2.8% Copper, page-164

  1. 1,437 Posts.
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    Can anyone give their opinion on how much of our $200m mc is priced into Strelley and our Deg style mineralisation. Imo our current mc is priced on our copper only and the potential of our copper only. After seeing our recent copper assays and sp rise only on the back of these assays, imo rhe current mc gives absolutely no value at all to our WA projects. These excellent projects could themselves achieve our current mc of app$200m on favourable results. Remember Robs comments on the style of mineralisation and the comparisons being drawn to Deg. He didnt hide his excitement on our Qld copper projects and delivered to date, he also hasnt hid his excitement in regards to gold at Strelley. Mmmm just a few things to ponder on. Would a spin off company work? Imo Strelley has to be worth a lot more than our current mc values it at.
    Mule
 
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