CNB 4.11% 38.0¢ carnaby resources limited

Ann: Trading Halt, page-134

  1. 1,863 Posts.
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    I have no issue with the CR. Only way to get an insto on board, and also the cash flow form the tailings deal while certain, would not fund an aggressive drill campaign. The 6mill from the tailings is all in stages, and until we’re processing the Tick Hill remaining gold or doing an off take its worth nothing. If this is to accelerate drilling at Strelley or find the offset at Tick Hill it is astute management in my view. I doubt there are many $1B companies out there with less than 100M SOI
    Last edited by timbo80s: 08/09/20
 
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