For the record, I too am shocked and a little disheartened that the Mongolian MOU announcement didnt lead to some more buy volumes for CXY. I guess people want less talk and high-level agreements and real tangible progress.
That said I am not selling - I made my bed a long time ago with this stock and still believe there are a number of ways this company has substantial upside (in fact i had pretty much written down the idea of any progress in Mongolia so that is a positive) and if i sell it will kill me to see it pop up again.
What is most interesting to me about this AGM Notice is the fact they are issuing 3m options to Rob as a performance incentive plan, but with exercise prices of 2c, 4c and 8c!! At least this indicates where the Board sees the stock should trade if the business plan is executed. I am very happy for Rob to make some handsome profits if the price hits 8c!
Good luck all. And see maybe some of you at the Proactive Investors Forum this arvo. I will post some impressions of Rob tonight.
CXY Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held