CNB 5.00% 52.5¢ carnaby resources limited

Ann: Tick Hill Gold Project Compelling Scoping Study Results, page-15

  1. 1,273 Posts.
    lightbulb Created with Sketch. 67
    The inclusion of Greg to the board and removal of JT is prudent. Well done to the directors for this resolve.

    The path forward is much clearer; cautious but attainable. Again, another big tick.

    Whilst more detail is required to arrive at an IRR for the Tick Hill Mining Project, it is likely going to be amazing.

    Their POG estimate of $2500 (vs ASIC of $1247) means a 12 month profit of $31,325,000 (before tax).

    And how good is it that the total cost to get the project up and running is only $295,000!

    Half yearly report just released indicates available cash at 31 December 2019 was $1,936,612.

    Bull market / bear market it doesn't matter. The economics of this project means it's a no brainer.

    All we need now is the full team of directors to utilise their combined experience in project delivery to deliver our project to make us all lots and lots of money.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
52.5¢
Change
0.025(5.00%)
Mkt cap ! $90.26M
Open High Low Value Volume
49.0¢ 54.5¢ 48.0¢ $139.4K 276.7K

Buyers (Bids)

No. Vol. Price($)
1 2000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 2489 1
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.