AGM next week. Something has to be offered. Something to appease the shareholders. The board would be on a road to nowhere nice. Anything. Moosh Mossh isn't it otherwise EUR would be having a TH as well.
There is a game of high finance going on behind the scenes. They are hanging on to the EUR shares like they are precious. And they are. $40-60K sure beats $6K any day. EUR deal is imminent and the board (Sage) has put less than 3 months on it.
They have just done a little topping up finance. This is just to get them over the next three months. Once EUR jumps they have funds for next couple of years getting the Canadian project up to a point where they will on sell it.
I am expecting a upbeat story on Canada or a buyer for the NZ projects. I am guessing that they want to go with Canada as a single focus.
CLE Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
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