CE1 calima energy limited
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Ann: Pause In Trading, page-8

  1. invertedva
    9,361 Posts.
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    22/05/19
    10:50
    Post #: 38684909
    At these levels, you'd think a takeover/friendly merger offer would be a distinct possibility.
    Not sure if they need cash now they are back in cash-conservation mode. Cash burn is low, so long as they don't need to do anymore drilling.
    Then again, might it be the reserves report?
    CE1 Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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