CLR carabella resources limited
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all cash offer for rci +80% vwap

  1. Denial
    10,383 Posts.
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    22/05/12
    13:32
    Post #: 10207509
    Suggest you look at the # that Shandong have justed offered for Rockland Richfield and compare to CLR's Grosvenor West's feasibilty (economics) and development stage:

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01299073

    BTW they have been subject to 2 previous bids directly from Indian steel makers ....3rd times a charm?
    CLR Price at posting: 72.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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