CRB 0.00% 0.4¢ carbine resources limited

Well to be frank , I expect that the original CRB shareholders...

  1. 309 Posts.
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    Well to be frank , I expect that the original CRB shareholders would also be dismayed !!!!

    eventually , when the finer details of this proposal come to light the decision to propose it may make a bit more sense however at the moment , and be assured I really do want to be convinced it’s a good idea so please try , I fail to see the benefit for either shareholding groups . It’s either a control play or mates deal (which would explain the go slow on the SP) . The action now should be to expedite a ML application on a modest or minimal JORC resource at Muchea . Even 10m tonnes gives you the start you need and buys you the time to sort out the remainder. Logistics will rate determine product export in any case so even a small resource will give you years to facilitate expansion.

    the development remaining at sandbox is the time consuming end of the projects time line . I just can’t accept that the board considers this in the companies best interest , if anything it complicates the situation , divides the attention without actually offering any benefit to Muchea or the existing shareholders .

    if you haven’t quite worked it out yet ..... I am not a fan
 
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