CBA, Rand Merchant Bank and African Lion, clearly want IN IN IN...

CBA, Rand Merchant Bank and African Lion, clearly want IN IN IN despite the apparently dissapointing PFS results. Says to me that there is more to this story. One should think about what CNL has achieved by releasing these results- we now own the projects outright and the handcuffs to the offtaker have been undone. Positive? Yes and yes. If there is more to this story, and judging by recent exploration results and buying from the insiders, there certainly IS more to this story, then anyone who's sold out (including the offtaker) will be kicking themselves.

Indeed the placement was made to CBA after they knocked the stock down to these levels, Rand Merchant Bank, who also sold stock and African Lion. It's shamefull but if you wanted to up your stake in a good thing which was easy to manipulate because it trades thinly, you too would do the same thing. They succeed.

Thanks for the buying opportunity. See you all at the $1 party.