Lana Corina is a cracking project. But currently it's just a sad...

Lana Corina is a cracking project. But currently it's just a sad stranded story.

again, there are just some structural company issues they need to resolve.

Main one being is they need to get it out of the F'n heads that raising every 6 months and destruction of shareholder value/capital is a good idea.

Second is they'll need to inject their own $$ into the company. at least $6mil. They need to be adequately funded to drill about another 15 holes into Lana Corina to demonstrate scale/grade with more confidence.

Currently anyone that buys into CPO is essentially hoping or planning to:

1. for a miracle hit thick/high grade hit in the 2 (maybe 3 holes) at one of their regional takes.
2. sell into a Lana Corina special hole pump.

if the shareprice is lower after all the above, expect a heavily discounted CR in 6 months.