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0.2¢ cfoam limited

Test outcome Before the big picture, page-2

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navitimer

308 Posts.

66

28/12/20

20:51

Post #: 49835896
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Originally posted by compint: ↑

Big players were certainly in there but then they have the funds to take those big risks. until those tests prove up there is risk with this one. Failed tests and there will be no huge outputs of product that everyone is dreaming about. Like to see more on how the tests are holding up, if it sits around where it is on the asx yes worth a small play but if it ramps up I would be reluctant to commit excessive amounts on that risk factor. The coal majors would be having more than this one iron in the fire, they are desperate to find new markets. The qualities this cfoam has is impressive but just one little hiccup to get over.

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very well reasoned and balanced comment. You’re not going to be welcomed by the “buy and pray”’types in here. I had a decent position In cfo. Had good reasons to sell. Nobody wants to make informed valuations. See ya guys. Will be watching from the sidelines.

CFO Price at posting: 3.7¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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