Ouch. Not the news that I was expecting. With a 3 month transition period for BB and Laurent gone, how much direction will the company have come Q3 2019?
Whilst I appreciate that they are stopping the cash bleed, I'm a little unsure on what price the board based their decisions on, as it seems that LME cobalt appears to be rebounding, and a lot of other prominent figures calling bottoms. I'm curious when operations will recommence and at what conditions the board will deem favourable to reconsider their decisions.
Changing sentiment to hold. I await the updated results, but do expect a slowdown in announcements/results.
As the internet saying goes: my disappointment is immeasurable and my day is ruined.
Ann: Opuwo Project Update and Board Changes, page-56
-
- There are more pages in this discussion • 544 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $159.9K | 15.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6692274 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1751934 | 5 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CLA (ASX) Chart |