CAH 0.00% $1.71 catalpa resources limited

article in the australian, page-7

  1. 1,579 Posts.
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    6c is about the price you would expect but depends on demand.

    Now the amazing thing about CAH is that the hedge book is so far in front at this stage.

    Maybe as much as the current market cap. So by my rough calcs you get the gold prospect and uninstalled plant thrown in for free at the cap before the cash raising.

    I'm betting it won't be long before it recovers double figures despite the dilution unless overall market tanks badly.

    Look at RSG since there large raising.
 
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Currently unlisted public company.

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