The most recent report gives positive test results in ground. There are equipment selections taking place. Licences have to be secured. The share price seems to be positive in a negative market today. I hope there is another report pending relating to any further discoveries or progress with known reserves. Monthly updates in a situation like this would be helpful for market clarity, and would make decisions regarding accumulation more based on fact. The capital raising for instance while completed successfully now needs to be spent, and it would be nice to know specifically which equipment/s the company will purchase and the target price of each machine and how many staff will need to be acquired to drive these machines. This is currently a small business and monthly meeting updates for the risk takers would be very healthy I believe.
CDG Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
