CNB 5.98% 62.0¢ carnaby resources limited

CNB Current Drill Program

  1. 783 Posts.
    lightbulb Created with Sketch. 251
    So as everyone knows the painfully slow news drip due to labs being inundated is holding up progress, or is it?
    Here is a timeline showing management are still able to progress forward despite factors that are out of their control. As we know they are paying the 50% premium to get results faster but so is everyone else.
    This does not include the copper drill program which is progressing very well and has some outstanding hits including 1% copper @ 60m.

    2 AUG 2021
    -25 RC hole drilling commences

    8 SEPT 2021
    -5m @ 8.55 g/t
    -RC Follow up "locked in" for October
    -4 holes received
    -9 more holes completed at this stage

    15 OCT 2021
    -Small hits
    -6 holes received
    -13 more outstanding

    27 OCT 2021
    -Nothing game changing
    -7 holes received
    -8 more outstanding
    -Commencement of a 5,000M RC drill program

    The big take there is the drill program has already commenced the bad news is there is basically a three month turnaround from commencement, the other goods is more copper results will fill in the gaps and remaining 8 holes to be dropped any day now.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
62.0¢
Change
0.035(5.98%)
Mkt cap ! $100.9M
Open High Low Value Volume
58.5¢ 64.5¢ 58.5¢ $162.8K 266.7K

Buyers (Bids)

No. Vol. Price($)
1 5183 62.0¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 25000 1
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
62.0¢
  Change
0.035 ( 5.98 %)
Open High Low Volume
59.5¢ 63.5¢ 59.3¢ 112291
Last updated 15.59pm 26/04/2024 ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.