PHO 20.0% 3.6¢ phosco ltd

Ann: Further Advance to Celamin Limited , page-18

  1. 145 Posts.
    $2 or $4 take your pick. Either way its a grand profit, however getting there is the trick.
    Normally, it would seem just too big a call, but CNL's ability to take off on thin volume suggest we're not climbing Mount Everest.
    Moreover, with those big insto's on the register anything is possiblye especially once Kevin & Co have de-risked it with a jorc resource and further confirmation that a mega-buyer is waiting in the wings.
 
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