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CNE, page-19

  1. 16,270 Posts.
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    gridder

    Yes there is absolutely nobody jumping off. Volume is extremely low which says to me there is no reason to panic at all! Even that 10m XT the other day seems to have just been a broker reshuffle of some sort as we have had no notices of change of directors interest as feared by some (these are always released to the market in 1-3 days in my experience and its now 5 days).

    Everyone is waiting. Some are tiring of waiting (I'm one of them!). SNE-3 results due soon will most likely be "as expected" or hopefully "better than expected". My main thought at this stage is about what cash raising path will be chosen post-SNE-3 or Bel-1. IMHO we won't FAR to be able to saty in the game and be able to meet its JV funding committments rtight through the next 3 optional wells so we have to bring in some more cash sometime .... way better than struggling or "looking weak" to a predator!!

    H
 
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