It is important that CANA spent a full 2 days at site in February 2024 and had a chance to see how impressive Matt and his team were. Because it is still early days of production CANA sliced their NAV to 80% and are still using a very conservative discount rate of 10%. Valuation based on a gold price of $2084 for 2024. I still believe that with a rising gold price to say $2184 our shares are worth AUD1.10 /1.25 ......March quarterly Report due at the end of April will tell us a lot more.
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3 | 208000 | 0.670 |
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1 | 250000 | 0.655 |
Price($) | Vol. | No. |
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