I know it's still early days, but so far, there have been 10 strikes of 100g.metres across multiple zones (see X's in diagram below)
So far, the deposits look shallow from above or accessable from the side of the hill. The stringer zone appears to have a handy 0.3% Cu so far (on top of the high grade Au), and 3 of the 4 zones are open. This makes for a good start to cash flow.
But perhaps most importantly, it's geologically analogous to the 1.5 Moz Henty deposit (host rock, age, and mineralisation style) and so far the thesis is looking good, ie multiple deposits that are stacked on eachother stepping down to the North.
Does this deserve an EV of only 7 mil? Undervalued IMO.
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carawine resources limited
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I know it's still early days, but so far, there have been 10...
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Last
9.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.25M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25844 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25844 | 0.083 |
1 | 12999 | 0.075 |
1 | 14299 | 0.070 |
1 | 17258 | 0.058 |
1 | 100 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 50000 | 1 |
0.120 | 6987 | 1 |
0.135 | 2420 | 1 |
0.145 | 7660 | 1 |
0.180 | 17337 | 1 |
Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
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