Pathetic to hold onto a sinking ship.
If successful, they will renegotiate something better... but not ideal for CXM. Will pay significant legal fees, additional $$ to SCF and focus their work on this rather than the sale and mining of Ardmore.
Will drain the already low cash at bank balance currently held, may be a lower capital raise from current levels and further dilution.
I only had a small position, but its now closed and will be moving on.
Definitely increased the risk on an already risky play.
Good luck holders. My opinion only.
Add to My Watchlist
What is My Watchlist?