CGR 3.70% 14.0¢ cgn resources limited

Ann: Completion of Ground Geophysics Enhances Targets, page-47

  1. 424 Posts.
    lightbulb Created with Sketch. 321

    Good one @olgilby123, if you are holding good to change disclosure to Held!

    Why this will be 60c in no time

    1. Excellent management
    2. Methodical exploring
    3. Cash to explore
    4. Diamond hands
    5. Close to 1,000 square KM of land in West Arunta
    6. Hoping Geology is similar to WA1
    7. People paid 20c at IPO and if you listen to Dan - he knows all of them are LT investors
    8. SOI of 110m and nearly 28.7% escrowed - top 20 and directors own 42%. Free float is only about 50m shares hence the sell side is always thin.
    9 Fully funded for at least next six months!

    EV is only about $25m!





 
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