The more I go over what Mr Wood said at the EGM, the more I am convinced this hole equitisation was a stunt to suck investors in, whilst "others got out". I recall a number of times looking at Mr Jones whilst Mr Wood was talking and felt he was thinking the same.
I am glad someone in here said Ferrier are the best in the business, we need someone who is looking out for ALL interested parties.
60 odd million tonnes of poly-mettalic ore in NT is something I am sure many big miners would love to aquire, but we all know this is just the start of what could be one of the biggest single ore bodies in Oz not to mention the world, years of drilling could prove up many many multiples of that..........and then there's the URANIUM potential, could it be juts as big???
have no doubt GT/HNC know this, there not worrried about today, tomorrow or next few months, they think in years and when the dust settles around the world and people get back to work and start buying/building then these real assets will be what everyone wants
lets hope we can hang in there, survive and then prosper
thanks to everyone for posting their thoughts, we are all hurting but we must have faith and as Bluec2 says "never, never give up"!!!
Giddy up
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held