CNJ 100% 0.2¢ conico ltd

GAL discovery-impact on Mt Thirsty?, page-211

  1. 6,770 Posts.
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    These are still very cheap IMO.

    The pricing is impacted by the capital raise although I expect that is oversubscribed multiple times by now.

    Given the GAL result over the fence, the likelihood that Mt Thirsty mine will proceed is looking a lot more likely.

    Wouldn't be surprised if GSR do a share take out of CNJ's equity in MTJV, they could do a in specie distribution as I doubt they would want the CNJ / TAS crowd as major shareholders.

    Plenty of price action to come over the next few weeks IMO.
 
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