It is a lot easier to be positive when one gets in at these levels. I think the average parcel that shareholders own is $1000 (7000 shareholders), I guess that shows the extent to how much people got burnt. From this point there are big possibilities for capital growth. I would be angry too I needed the share price increase by that I currently expect just to break even. I'm hoping Len's current trip to Indonesia is to finalise the UCG site. We need some good news that can propel the price up within the next few months, as a large scale raising at these levels would kill my hopes for a large return. I was hoping the asset sale would net some cash for us by now, but that looks like another 6-12 months away after we JORC Mckenzie. Now it looks like the court case may be the only thing to protect from a raising at low levels if the share price is still suppressed in a few months time. Hoping this is not the case!
CXY Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
