CNB 4.00% 39.0¢ carnaby resources limited

Truely, well bloody done to that person and to all of us here....

  1. 3,199 Posts.
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    Truely, well bloody done to that person and to all of us here. However, my view is that 50 cents +/- is where CNB should have been trading all along (ie based on what it already has) and is only now reaching a "fair-ish" valuation. Please note though that this "fair-ish" valuation excludes any upside from drilling (either at S or TH - both of which could be company makers) and assigns no value to either our copper assets (which I also believe could be company makers (just look at AQI's copper assets and market valuation as a comparable and you will see what I mean)) or our Swedish assets. GLTA - well done - and long may our good fortune continue.
    Last edited by wolfofbridgest: 19/10/20
 
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