Isn't it funny, when the trading halt said "... pending an announcement regarding details of a strategic investment," was I the only one thinking someone was going to invest money in CML? Instead another "acquisition", which should have been the word used.
I'd go further than bongo5 and say that this appears yet another example of a management all over the place, lost with a trail of failed projects, now cobolt and SLZ.
Isn't it also funny that the company is back in The Isa, where it was 6 years ago before the current management tossed away all of the well advanced rare earth and phosphate deals with their mining licence and competitive processing technology.
Ah well. Thankfully it's not my money.
CML Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
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