CRB 0.00% 0.4¢ carbine resources limited

Ann: Mount Morgan Project Update and Option Extension, page-21

  1. 26 Posts.
    lightbulb Created with Sketch. 14
    The most daunting thing I see here is that part of the Fund raising package will be a Capital raise.
    Unless the SP has a run to at least 20c as the CR will have to be done at a substantial discount to at least 30 days, I see a share consolidation on the horizon.
    The project once built whether by this crowd or someone else looks really good & will be something I will be interested in . If TJ genuinely believes in what he is putting out via announcements,he should do some on Market buying to instill confidence. This is something any CEO worth his salt would do under the circumstances this company is in today. The bid side on CRB if you discount the 1000 000 order is not one suggestive of confidence that

    CRB will deliver.
 
watchlist Created with Sketch. Add CRB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.