chart breaking down below the CR price
1.28 has to hold for bulls but may gapdown soon as the mountain peak is clearly defined now.
My call of the double top at 1.43 SPOT ON so far.
That was the free carry sell point imho.
75% chance we will see sub $1.20 soon again imho.
All those bull talkers dissappeared now, likely sold to you mountain climbers.
Massive $70M cash into bank at the 13 year highs, good for management, bad for LTHs.
Dilution continues increasing as does the capex need for the restart & paying off BHPs exorbitant tolling fees of 35% as they have no processing plant of their own.
Great decision by management to call CR SPP here at 13 year highs.
Sets up the company for the next few years but stuffs the SP & shareholders. oh well nothing new.
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chart breaking down below the CR price 1.28 has to hold for...
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MD - Shanthar Pathmanathan, Geologist - David Trabert
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