It was not TS's fault but rather unlucky timing due to bad market conditions in the corresponding periods.
Nevertheless, in every slide is an opportunity and considering that the sp slided from 63c to 42c only because Lady Annie got delayed is complete exaggeration.
A 20c drop means that 120M$ have been wiped out from the market cap. The market behaves as though Lady Annie had gone lost which isnt the case.
A sale of the asset could be imminent any time and in my opinion, Marampa is the superior asset one has to watch.
CFE's risk / reward proposition is excellent at current levels, CFE is debt free and the recent volume suggests that only very small holders sold out.
The insto support is definitely there.
Imo, 60c / share wont be too far away once we get more news re. Lady Annie and possibly Marampa in the close future.
Cheers
CFE Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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