for all the shorters

Fellow Traders,

Yes we all know how CMR has disappointed in recent times amid cost blow-outs, delays, etc.

This said, IMO the bad news has been well and truly factored in now.

Also, remember that at current levels, it is becoming too hard & too dangerous to ‘short’ this stock. At some point it will turn and I think that we can all agree that the aggressive nature of this beast could cause much damage if could on the wrong side.

Only 60,000 reported shorts currently opened per the ASX list....

IMO, bad news has now been factored in and the Phoenix is set to rise very shortly.

I hold.

regards,