re: Ann: Clarification on Option in Possible ...
There are a few reasons why market has not woken yet.
First if all a trading halt should have Been called
second the announcement should have included today's bit a well
thirdly they should have given us a concise picture of what Caledon have which includes access to new port at wiggins to the tune of 4-4.5 mtpa
So the upside is clearly visible and Ccd is the only junior to gain access to this new port
As an investor I had to scratch around and see what this mob has.
So in this regards the Info released to market was very poor.
If they stated that the new team will Spend 500 million to produce 5mpta by 2013 when new port is built then I guarantee you Ord will by over 10c by now. And Ord does not have to spend one cent as well.
Come on gents where us the love.
Regards
VAN Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held