maldowl, maybe not, but I sense a real patient explosion about to happen. If, and it is a big if, we accept that for now there are controlling forces around for CXY's share price, then it also suggests that they know there is only so long that this kind of action can be successful.
I am more inclined to believe that the financing is well and truly in place for Kingaroy, but as aprt of it, entities need to ensure they have secured a sufficient exposure to the upside. Given the current pattern of trading, it further suggests that once they are unable to control proceedings, the price will simply explode upwards.
The current "road-block" is but a paltry number when compared to typical CXY trading volumes when the price explodes upwards.
More importantly, I have been told by a broker that the ground level operation is well and truly on schedule and site personnel are very very confident of success . . . . whatever they judge success to mean I guess!
At the operational level, which is the one I believe is more important, I also remain confident that Len will deliver the goods. I'm starting to think beyond a successful burn, and wonder if then will be the time to really push the blue-sky etc.
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