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Ann: Appendix 4C - September 2016 Quarterly Report-CL8.AX, page-13

  1. William D
    383 Posts.
    lightbulb Created with Sketch. 13
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    27/10/16
    13:08
    Post #: 20165591
    I used to agree with this idea of raising big and getting on with it, but now I understand that they know what's in store over the coming months and trust they know what they are doing re: facility arrangement. I'm sure they have a plan to raise capital at some point, but I suspect it will be after a serious re-rate, and after the options are mostly exercised, so IMO a CR won't happen until the 3.5-4 cents range to fuel much bigger things, just my 2 cents worth.

    GLTAH, DYOR
    CL8 Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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