CXU 6.90% 2.7¢ cauldron energy limited

Ann: Commitments Received for $0.75 million Placement, page-18

  1. 4,366 Posts.
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    Cucking what is that?
    My original guestimate was 1.5c range. But i feel they will push it lower again. I find it interesting they were more than happy to promote and talk about Bennet Well when the SP was 3-6c but now they have completely stopped the promotion.

    In all honesty i will wait a bit longer 008c-.01c is possible IMO or closer to 1c. phase2 of drilling Victorian high grade gold and SP is sickeningly low. Even with McGowan view on Uranium, does not justify Bennet Well low cost ISR to be valued at 0.004c per pound. aka half a cent per pound.


 
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