Not that it should make much difference to CMR shareholders but Guardian, as the 10% holder of the Browns Project, doesn't look to be included in the Chinese JV. If so, they will be stumping up 10% of all those up front costs, and collecting too later. Following that, they must be confident. I don't know much about Josh Pitt other than his somewhat legendary status in Aussie mining. " Ghost who walks " type. I was allways very pleased to see him involved in something I'd thought about investing in. Love to have been a fly on the wall during the discussions. He's nearly as good a recommendation as Oly.
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
