CNB 0.88% 56.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-3297

  1. 1,010 Posts.
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    Just spitballing here......
    While CNB is focused on Strelley, Tick Hill and then probably the copper, is there an opportunity to get a JV on board to fund exploration into the Throssel project?
    I know management have plenty going on already and Throssel is far from a priority but hear me out.
    SBM- St Barbara seem to be searching for more gold/ore to compliment their Gwalia(pretty sure?) production and are willing to explore for more via JVs into other companies tenements.
    For example, they are in a JV with APC where they will do all the exploration and fund everything for a 70% earn in. That gives APC 30%(should there be something viable for mining) for nothing .
    The APC lake Wells JV is only roughly 70kms from CNB Throssel project.
    Food for thought while we wait. I'm sure we will just be selling these side projects soon as we hit the jackpot with Strelley and Tick Hill
 
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