From quarterly report: "The company held no interest in any mining tenements at the end of the quarter."
So during the March quarter CRB disposed of all its interests at Mt Morgan? Why was there no announcement? Surely this is market sensitive information - and it's now a month after the quarter ended.
Re what's left of CRB, there's the $3m in cash, a couple of directors, and presumably the potential value of future tax benefits associated with any carried forward losses.
Not quite game over imo, but certainly a sorry state of affairs.
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