Is putting your head in the sand and not investigating the possbilities a better method? I think not. Please note I mentioned Blackard and Scanlan in particular for Ncu.
Recently, MGX picked up the Shine resource from GBG for $15m plus a royalty when MGX are well in profit. It has reserves worth close to $1b.
If CDU could do a similar deal with AOH for Blackard and Scanlan, then there would be synergies for both companies. Would a lot have to be worked out?, absolutely.
Writing it all off without investigating, foolish.
CDU Price at posting:
$1.62 Sentiment: LT Buy Disclosure: Held