CGR 0.00% 7.3¢ cgn resources limited

Ann: Drilling Commences at Webb IOCG Targets, page-9

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  1. 10,451 Posts.
    lightbulb Created with Sketch. 731
    Its already overpriced now (at 33.5c or $37m M/C)
    if at 40c it will have M/C of $45m then upside will be limited and down side risk will be bigger
    so I think it will either trade sideway or drift lower from here.
 
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