Don't forget the great management team here with Mr Wood & Co.
They are very good at acquiring great projects going by their proven track record with AVB, VOR, SBL, etc., and have a lot of experience through AVB in Brazil, which is where they are looking at acquiring something nice for CRJ.
Understandably the impatient holders have jumped off, but once an acquisition is announced, which could happen literally any time, this will undoubtably get a massive re-rating.
From memory they are also looking at Gold projects, which Mr Wood has a lot of experience with in Brazil ("Mr Wood has spent a considerable time in Brazil leading a number of exploration projects and is very familiar with the geology associated with the Brazilian gold and metalliferous regions").
CRJ Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
