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24/09/24
12:00
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Originally posted by Rozting:
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I can't believe how quiet this is after such a huge transaction. Maybe cause we're not going to be trading until December. I'm going to squirrel away every dollar I can muster to throw at this come resumption of trading in December. Initially a bit miffed with the 3 to 1 consol and CBHO exercise going to 60c but having now down my reading we have struck gold (or shall I say zinc/lead). More than enough capital, $90m+ (considering current spot prices) in revenue with additional near term increases from the Pinnacles JV. Cashflow positive asset. Small IPO for compliance purposes with 50% priority subscriptions going to existing CBH holders means there's going to be bugger all shares hitting the market. Interest rate cycle will be well and truly on the decrease in the US and hopefully AUS not too far behind should see more funds flowing back into the junior resources space. And throw in a bit of a Santa rally and we're all in for a very nice Christmas.
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patience, december will come soon enough and be back on the boards