CLR carabella resources limited

Their share price should be around 60 to 80 cents. Ingroud...

  1. 5,587 Posts.
    lightbulb Created with Sketch. 155
    Their share price should be around 60 to 80 cents. Ingroud proven coal resources are valued at about $1 per ton.
    CLR have 40 million tons of proven resource so I am being generous with my valuation.

    The market has been over bullish and now the time lag has spooked investors. They are expecting a larger proven resource. I see CLR heading back to a market cap of $80 million within 6 months.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.