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Carbine was aiming to recover gold tailings at the project.

Carbine cans Mount Morgan

Subiaco-based Carbine Resources has pulled the pin on its planned redevelopment of the Mount Morgan copper-gold project in Queensland, in which it has already invested $12 million, while managing director Tony James and two directors have tendered their resignation.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
74thGibb River Diamonds51%32%
473rdNTM Gold-27%5%
505thKalamazoo Resources-31%
700thCarbine Resources-59%-1%
710thOrinoco Gold-59%-42%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/12/17
$0 Other
31/12/17
$0 Other
31/12/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

128th↓Carbine Resources$796k
129th↑Gibb River Diamonds$795k
130th↑Orinoco Gold$773k
132nd↑NTM Gold$750k
133rd↑Kalamazoo Resources$702k
509 listed resources companies ranked by revenue.
Source: Morningstar

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