CCE has now offloaded (or is close to off loading) the remaining 11% of Northam. There is no revenue from Northam going forward as a result. Shareholders were lied to about the benefit of that project and as I suggested previously, those that came in on the last CR did so under false and misleading guidance from CCE. Effectively CCE have just handed IBA the project for a measly sum and as with everything CCE do, shareholder money has been completely squandered.
GIMG has been commissioned however has not received “Approval to Operate” so as a result it is not operating commercially yet. Again no revenue.
CCE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
