CLR carabella resources limited

buy side disappeared, page-10

  1. 1,576 Posts.
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    Wizkid

    No way they are capital raising for probably 12 months (at least for further exploration) as they have $30M cash in the bank.

    I can not believe CLR is trading at market cap of $60M whilst it has $30M in the bank, a proven Tier 1 hard coking coal asset and also what we know of Bluff Point.

    Seems like sensational value to me even with coal stocks taking a hit.

    Seems as though we just need to sit and hold for a while and hope for the macro economic issues to get better.

    I am the Iceman!

 
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