Dentie, we will disagree on this one mate.
The departure of Davey left all us us with a creepy feeling, as two weeks before his resignation, he was selling CXX to investors when he presented in a mining conference. No one knows exactly why he stepped down, could be related to not achieving on the offtakes?
Past performance is not a guarantee of future performance, but all finance theory relies on historical data to predict future performance. After Middlemas became Chairman, CXX finally traded above 30 cents for some time. But we all know that not many investors understand what Niobium is, and its qualities, and CXX has been under the radar and will remain until they are mining and generating revenue and cash flow. Not even the recent sales of Anglo American assets at a high premium could keep the momentum here. The recent capital raises at 27 and 30 cents where well above the 20 cents IPO price, and investors quickly forget that either.
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Ann: September 2016 Quarterly Activity Report and Appendix 5B-CXX.AX, page-38
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