I've done some background checking on Carbine Resources, and I
found nothing to suggest that they were well advanced with anything at Muchea.
Their last annual report to ASX says nothing except to report failed discussions about
an iron ore project. Their shares appear to be frozen from trading since May 2019.
Nothing reported in the media about Carbine and Muchea, prior to the latest
announcement, and nothing new on their website for the last 2 years.
They simply look like ghosts.
All IMHO, DYOR
Silica sand in the media, page-51
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