CST 2.63% 7.8¢ castile resources ltd

Ann: Trading Halt, page-4

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  1. 15,094 Posts.
    lightbulb Created with Sketch. 2612
    they are only spending about 1 million a quarter, so the CR is unexpected. The price will be very telling. Been waiting for some spare change to gobble up, thinking it would run hard before i could. Seems i will be timing it perfectly, post CR, pre PFS.

    I do get the sense that the PFS was "delayed" in order to facilitate whom ever this CR partner is. It sounds like they've already struck a deal..... but at 30m MC? how much of a discount could they seriously offer without giving shares away for effectively free?
 
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