Mate. I think the directors have had a busy week. Our company is a long term project as is my investment in CNQ. With a long term view, the timing of announcements is not overly important to me, as I know that the 15c you speak of will be a figure that I wish I had more dollars to buy at when I'm staring at 60c+ down the track. Everyone should take a moment to think about what it would mean if Mitsubishi deem it feasible to invest in CNQ for stage 2 and 3. The cash injection would significantly speed up stage 2 and 3 construction and the directors see the value of stage 3 production somewhere in the ballpark of 100 million dollars. This is serious coin and 60c becomes quite achievable. Mitsubishi would be keen to lock in a ready supply of raw product if the quality is good as tungsten is only going to get more expensive. And wouldn't they just love to beat the cashed up chinese to the punch. Anyways best stop before I get accused of ramping.
Regards,
CNQ Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
