CGR 4.17% 12.5¢ cgn resources limited

Ann: Drilling Commences at Webb IOCG Targets, page-91

  1. 12,613 Posts.
    lightbulb Created with Sketch. 2567
    We have 110m shares, but a fait amount is escrowed.

    Solid T20, that are holding and most of the escrowed shares belong to them.

    We only need one discovery from the 6 targets and then the SP will rocket!!

    With the low shares on issue, it has all the similarities to run like WA1.

    As Stan said, he would be very disappointed if he didn't hit / make, some type of discovery, from these 6 targets which will be drilled during the year.

    On a side note, these are the first lot of generated targets. They potentially have many more over their huge land holding, which they have not discovered yet and will when they do more exploration.

    What a great position to be in.

    Remember CGR are cashed up, to find a discovery.
    Last edited by TopGun1: 03/05/24
 
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