re: Ann: Quarterly Activities Report and Appe... Hi Guys,
The $80m possibly due from MCC will add significant upside to the SP if/ when announced that it has been received (14c per share).
There is no certainty that it will be received however, but:
(1) TS buying a truckload of shares
(2) He states in CEOanswers (I think that's the name of the website - refered by another HCer a while ago) written by TS that he was very confident that this money would be received and that CFE was in regular contact with MCC.
If MCC don't pay I don't think we take CLN back however. My understanding is that this was like a 'top up' component based upon environmental consents being approved within a certain timeframe - happy to be corrected.
IMO SP will rise +14c if money comes in and maybe drop 5c if it doesn't... with TS buying heaps of shares my guess is that the $$ are coming...
Have a great weekend
Cheers
John
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Ann: Quarterly Activities Report and Appendix 5B , page-7
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