I see that you are a holder and have a sell sentiment. You are not selling at $0.001. You cannot sell at $0.002 because of the blockage there. The 45M seller may be in the 'does not know bracket'. TS has to go soon. Not because he wants to but because he has to. He has stepped down from executive chairman to non-executive chair. He is the chairman of CRML and as such the SEC frowns upon the multiple chairs. He cannot afford to run foul of the SEC. TS may well stay as the EC of EUR, but he will have to give up all other positions. There are two new directors onboard, I would say one is there to step up. With TS gone new directors, new chair and new money, and consolidation, this is a different ball game. If this was a DSO project, they would be dreaming. The selling price almost equals the recovery costs. It is a DR pellet project. The $US65 premium almost covers the opex costs, with a 30 year mine life as it stands today.
CLE Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
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