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0.00% 1.3¢ clara resources australia ltd

Ann: Acquisition of Ashford Coal Project in NSW, page-62

  1. cyprus
    877 Posts.
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    15/08/20
    17:58
    Post #: 46566761
    Obvious a CR in the wings at 0.001. Can only succeed if it is underwritten. Assume BCP will be underwriting either all or a large chunk - probably along with DGR and phoenix this. If so, assume would be worth taking up entitlements. A new CEO would also be a big help. Hard to support one that takes to the brink. Does seem to have some good assets but the Tasmanian tin is a disaster.
    ANW Price at posting: 0.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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