CPL 0.00% 2.2¢ csl finance plc

Ann: Trading Halt , page-9

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  1. 40 Posts.
    Agree, they would be completing a raising to instos, and keep the market happy. This wouldn't be the major cornerstone investor yet...but enough to let the market know they have cash for the next 9 months, until which a majot investor will jump in.
    Plenty of newsflow to come in next 2-3 months.
    -scoping study results
    -if successful on crown coal leases (this is massive)
    -JORC resource of Coalspur tenement.
    It's a bargain at these prices when compared to other developers.
    SP weakness, equals opportunity to collect more around the placement price.
 
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