CAV 0.00% 0.4¢ carnavale resources limited

Yes the cash position is what the market and holders will be...

  1. 12,741 Posts.
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    Yes the cash position is what the market and holders will be fearing ...when you look at the big picture for CAV to get to the dream goal ....we are going need many millions of dollars


    7mill more to take 75% control of Redhills(surely we must be close to the 2mill 51%)

    now the unlisted opts ex 3c would bring in 5.6mill ....so the goal would be to get enough money in the short term to drill enough holes to prove up that redhills is a commercial deposit 5-9mt etc worth bring into production etc

    this needs to happen before Nov 2016 ....then the opts funds would be the fund to push for a further JORC drilling PFS -DFS etc
 
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