Well, i have been watching this one, and to be fair on management, they have come up with some of the best REE grades and lengths i have ever seen. Given there are so few shares on issue, the market darn manipulators can easily manipulate this either way and that has nothing to do with management. ASIC and ASX are the ones you should direct your gripe with because they are the ones that allow this manipulation and it is just shocking accross the asx boarse.
However, that aside, CDR can run hard on very light volume, and it would be nothing to see this pushed back up to 10 cents and beyond. Remember at 10 cents this would have a MC of under $10m. Crazy stuff given the very strong grades at Karloning ! Hoping to secure a small parcel at these levels.
These are the grades, just amazing i think !
CDR Price at posting:
4.1¢ Sentiment: None Disclosure: Not Held
