Australia's largest stock trading and investment forum Australia's #1 stock forum

CRL

Click for more information

0.00%

2.0¢ comet resources limited

Re-Rate well over due, page-330

First 330 Last

Share
Profile

Follow
Kamantea

3,106 Posts.

222

02/11/21

09:24

Post #: 57248157
Share

Originally posted by Guvkbr: ↑

I think people feel like we essentially "sold" our graphite project. While that's true, it was for a 25% stake in a vertically
integrated high-technology graphite business, and from what has been said so far, and with Comet appointing one director to the board of IG I don't think we will be flipping these shares for a quick buck.

Comet was never going to become a vertically integrated graphite business, it would have taken many years and we simply don't have the personnel. IG themselves have been working on the feasibility for their project for the last three years and they already have a team of specialists. Their ipo market cap is around $32 million, and with its peers valued just shy of $300 million they have a very good chance of having a decent run post ipo imo. EGR and RNU have proven how quickly a stock like that can appreciate.

Matt is a money man after all and can see the $$$ in this deal.

Expand

Does anyone know how long those companies took to run to a market cap of 300 million ?

CRL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Revolutionary inverter technology leads the clean energy charge

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

TNC

True North increases silver metal at QLD's Vero deposit by 20%

There are more pages in this discussion • 53 more messages in this thread...

First 330 Last

Add CRL (ASX) to my watchlist