CMR 0.00% 15.0¢ compass resources limited

progress report, page-17

  1. 7,486 Posts.
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    Time to get some directors in tutus knocking on doors of global instos alerting them to the fact we are an emerging global Olympian. Also time to see some directors buying on market as positive signs to the troops on the front line time to turn around. Tho gotta say should be turning around regardless shortly on technos.

    Resource upgrades is an important event and should be accoumpanied by upgraded business plan for simple people to understand .... simple stuff which too many ignore ...... viz objectives, status in relation to such, schedule to achieve , WHAT IT WILL MEAN TO INVESTORS' POCKETS. I am sure our new CFO is preparing such anyway.

    But we need a song and dance now to alert instos as to why we are indeed an ARK to be boarded in coming financial distress ...... cos thats the point of this exercise. Why do we NEED to be in a diversified emerging resources Olympian with no debt or hedging and with size of resources to make the Chinese salivate !!!

    Otherwise we stay at the short term mercy of leveraged downrampers ... which may not be a bad thing if u r cashed up to take advantage of it ... but more importantly, placing us in harms way.

    Board must now be wondering WHY price is falling given their perceived satisfaction of corporate proceedings expressed at the AGM ... which again is the reality on mid term ...... but short term, can we afford to be sliding into a sub 300 mill market cap with so many looking atm?

    Anyway I am happy to start loading up more core investment stock at current FIBO retarce levels and current PER 5 (IMO) based oxides earnings only about to start kicking in and given thats only about 10% of future mature beast.

    IMBOOC
 
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