CCM 0.00% 5.1¢ cadoux limited

2021 - General Discussion, page-3155

  1. 4,175 Posts.
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    It's a bit like the quiet before the storm.
    A few good announcements re ESG & National Major Project award, however these were the result of work put in a fair while ago. Currently it appears as if everything is in limbo, awaiting the JV. The Pilot Plant (officially?) hasn't done a run for over 6 months, Roly doesn't appear to be doing any broker presentations, no word on offtake progress, the share price going sidewards etc etc. In fact the upcoming Quarterly Activities report will be quite boring.

    And there is a very good reason why everything is quiet. Why would Roly for example do broker presentations when everything is about to change with the JV. With up to 4 weeks to go, you'd assume the bulk of the negotiations are concluded, maybe just some finer points to dot & cross. From Roly's point of view, just a matter of sitting tight before the next phase for FYI begins. Much easier for him to sit tight knowing the outcome than it is for most other shareholders.
 
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