With Glencore closing down early 2025 and lots of jobs at stake I think the long-term plan with Carnaby has been to get the open cut mine into production to maintain the work force status quo at Mt Isa. A lot of politicians have been visiting Carnaby operations for some time now and I truly believe the government will support an open mine start up in quick time to coincide with the Glencore closure. And for a modest $35 million it should not be an obstacle for us to achieve. Everything will be fast forwarded so those worrying about our current share price just grin and bear it a little while longer and in 2025 your loyalty will be rewarded. That is my honest opinion from my own research. Hope that gives you some hope Klotho.
CNB Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
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