CGR 3.13% 16.5¢ cgn resources limited

Ann: Investor Presentation February 2024, page-16

  1. 13,278 Posts.
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    Volume increasing everyday, people accumulating but not ready to run it yet, when they get all their fill it will fly, also newsflow will get it moving very fast.

    My prediction, not comparing it with the run like WA1 had in 2023 but I think we will be @ :

    31st March @ around 35c, that's 6 weeks from now.
    30th June @ around the 50c mark.
    30th September, peak time of the drilling with some positive news by then @ 80c.
    31st December, if a major discovery happens from 1 or 2 of the 6 projects, we could see $1+.

    So at 24c, this has to be a bargain when you can see your investment getting 4 times over.

    DYOR, as always, and by no means this is any financial advice.

    But here is an opportunity with a company surrounded by 2 billion dollar companies and obviously WA1.
    Last edited by bahar: 16/02/24
 
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