CNB 5.76% 65.5¢ carnaby resources limited

Don't feel bad about it, my average is still at 25c after I sold...

  1. 88 Posts.
    Don't feel bad about it, my average is still at 25c after I sold some of some of my EUC shares yesterday and bought more BMT shares. For people who wants to sell their shares please do because I want to buy more!

    I believe BMT has a massive potential and is significantly undervalue at the moment. If we compare EUC and BMT's valuation, EUC has over 50M MC with more than 100M options while BMT has 8M MC and 10M options.  Both have very promising deposits, I think EUC's only advantage is they have Tolga. At $1 share price, our MC is only 47M (less than EUC's current MC), thats 5.9 bagger from todays SP!!!!

    And before we rule out our Gladhammar Project, I think it's worth reading the company's previous presentation and you will see that there is a massive potential in the project. To give you a clue it was a Major cobalt mine in Sweden from 1777 to 1892. They won't call it a cobalt mine if there's no cobalt in there. The historical drilling by another company was used to target gold which might be 1km away from the Gladhammar historic cobalt workings and hence did not intersect the cobalt mineralisation.

    We have three very promising deposits in Europe and all are past producing cobalt mines. Hence the question we should ask should not be is there cobalt in there? but, how much cobalt is in there?

    Good luck to everyone and have a cracking weekend!!!
 
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Last
65.5¢
Change
-0.040(5.76%)
Mkt cap ! $106.6M
Open High Low Value Volume
70.0¢ 70.0¢ 64.5¢ $145.5K 216.6K

Buyers (Bids)

No. Vol. Price($)
1 8155 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
67.0¢ 17781 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
65.0¢
  Change
-0.040 ( 4.41 %)
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69.0¢ 69.0¢ 64.5¢ 59665
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