CRL 0.00% 2.0¢ comet resources limited

Ann: Mount Margaret Copper Project update, page-81

  1. 4,736 Posts.
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    Now that IG have secured their grant they could probably afford to use a little existing cash to buyback say $1M - $2m of CRL escrowed IG6 shares at a discount. Benefit to IG6 shareholders is less SOI and could reissue again at a higher price as the price picks up.

    Benefit to CRL is they get a bit of cash to dig themselves out of a hole and reoranize themselves. Its not a bad shell with minimal SOI after the consolidation.
 
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