CRL 0.00% 2.0¢ comet resources limited

Ann: CRL and International Graphite to create integrated business, page-27

  1. 26,843 Posts.
    lightbulb Created with Sketch. 1309
    "There is no cash component that can assist with furthering the other projects."

    They have $2.4 mill cash and if IPO does well, which a graphite play should, then they have $8 mill plus whatever gain is made on listing, lets say 50% up on IPO

    So they can sell parts of that as they wish. That part is good, because they dont need to fund the Graphite

    SWP, listed at 50c
    went to $250 -$3 after a few weeks.
    Differnt sector but these can do very well.
 
watchlist Created with Sketch. Add CRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.