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CE1 calima energy limited

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Hello from MRR - glen whiddon - feedback, page-7

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Cunnington1

570 Posts.

77

09/06/23

09:01

Post #: 68209429
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Originally posted by Slyvestor: ↑

Good question, ask us again in two weeks when we have the results from current "Major Sale" negotiations. As it stands the company has gone from a 20mil Cap raising at an SP of 20c to a SP of 10c in two years. So based purely on SP performance things have not been great, despite the steadily growing production rates.

Oil price and Hedging issues as stated above haven't helped, most of us are now waiting for the lift of the current trading halt to see if it's all been worth it, but many holders especially those that bought in at the CR will need a 100% SP rise just to break even.

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Personally I believe Glen to be an astute Director who is open to suggestions and has
genuine shareholder interest at heart.

CE1 Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Hello from MRR - glen whiddon - feedback, page-7

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