CMX 5.26% 4.5¢ chemx materials limited

Ann: Half Yearly Report and Accounts, page-3

  1. 1,806 Posts.
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    Rubbish company at this rate. Still no update on HPA from the AGM in november. Have we gotten 4n? Have we done any marketing? Have they done anything? ONLY sellers. Every single day. Pushing ATL's every single week. You say 4M in cash, but you forget that all of it is already allocated. 2.5/2.75M to a plant that hasn't even started yet. Then we just spent 8 weeks drilling and now we are waiting on results...
    We have a new CEO which makes over 300k a year, they are employing people with no working capital... Only bad things unless this price moves NORTH. Cap raise will come shortly after assay results and no doubt the market wont react positively to it...
 
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