AZS, WA1, rare earths or lithium.. take your pick..
CPN have had absolutely no luck with tenements and got allegedly got rolled by the big end of town leaving them capital exposed.. in other words, had any other outcome apart from the complete takeover of OZL shares via scheme occured, CPN basically would have got paid.. we can only hope that BHP sells down an interest to get WM off the ground and it happens before CPN has 1B shares on issue
this has been a horrific run for holders and CPN are behaving ( putting up charts in presentations that show share price performance for 3 months, which as I pointed out is unique amongst its peers
) in a way that concerns me however I have condemned the shares I hold to the bottom draw and will wait it out
do they keep plugging away, burning cash at an alarming rate, on existing tenements, or do they go for the game changing aquisition or farm in, to something new, again, before they end up with 1B shares on issue
not ideal GLTAH
