Zuma - licenses to be issued, page-7

It's about time shareholders were updated on farm in progressions and the muted value placed on Cels acreage, this would at least instill some value to the share price.... With all this fuss over shale gas being made by the South African government and the revision of the legislation , it's puzzling to say the least that Cels valuation is in the order of $12 million... And consequently the governments free carry would be valued around $2.4 million !! The truth is Cels valuation is ridiculous and Cels management through lack of communication and promotion need to accept responsibility and actively take measures to instill investor confidence. Sitting on the sidelines ain't going to work !!