CRB 0.00% 0.4¢ carbine resources limited

'mysterious' is one word for it! Nonetheless, the wording of the...

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  1. 971 Posts.
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    'mysterious' is one word for it!
    Nonetheless, the wording of the approval is encouraging.
    Which begs the question, why is the share price languishing? Is the market missing something (it may well be, I don't subscribe to the 'efficient market' hypothesis)? Or is there a battle going on inside the qld government over approval for this project? Or are there some technical issues with the project we haven't been told about? I doubt that uncertainty over funding is much of an issue given the great economics of Mt Morgan - in any case such uncertainty was there when the share price was over 20c.
 
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