Q: Why Directors not buying:
A: Not all Directors have swags of cash and perhaps they don't look after themselves like many other company directors do ;)
Also, banks lending isn't the only way to get funding for these projects. If CSE sit tight, more funding opportunities will be presented to them. It is early days in the rush for copper IMO.
CSE may need to do some further promotion but as I said earlier they have the resource, they just need assistance to make it viable. The resource will still be there in 12 months so no need for panic.
gself, your comment "If they drop to pre takeover price which is quite likely then a raising would be at around 5c with no guarantee of proving up a sufficient resource"
is pure speculation and I feel that it is purely designed to scare investors in CSE to the benefit of KZL (and their holders). They obviously have proven enough with regards to the resource(s) and KZL will get an absolute gift if they get the company for the price they are offering.
Goodluck KZL (and holders) but doubly goodluck to CSE holders.
Q: Why Directors not buying:A: Not all Directors have swags of...
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