CNB and why it is STILL undervalued!!, page-1045

I like to think more on the conservative side..

CNB at a $1.50 would give a market cap of 175m.

the copper play you are referring to is sitting around 180m.

Said copper play is soon to have 4 JORC copper assets. 3 already, and hopefully one more by the end of the year. as we'll as infrastructure in place worth nearly 300m... and the drill results for the first diamond hole only pushed the price up 4% yesterday. As well as producing high grade cathode in less than 18months. As you can see they would still be miles apart. SOI plays a part in boosting CNBs market cap but it's not gona have that much of an impact.

CNB would have to see the best copper hits that anyone has seen in a long time for it it get to 1.50.. but if it is outstanding I think we will get to 80c if we are LUCKY.. Market cap of 93m...

but then of course CNB has a real chance of a gold discovery. So on the other hand they would see 1.50 from good gold results and not from the copper alone.


all imo of course..