The best thoughts I can provide is to suggest you review the last quarterly report which will give you an idea of the vast array of joint venture activities CUL has on the go. That says to me there could be news on any one of them almost at any time....
But for me, the most important news I am expecting is the outcome of the prefeasibility study being carried out by the API JV (Aquila Resources and AMCI) into the Iron Ore project at Mt Stuart/Catho Well. That work is crucial to underpin the fundamental value of the company. While there are many other good projects, it is this one that is imminent and closest to a meaningful development. CUL has a 30% interest in pretty significant iron ore deposits and the feasibility will tell us how good it is.
This is all just my opinion....please do your own research.
regards DF
CUL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
