Bits and bobs:
Intrinsic valuation of 1.4.
"CMR has morphed into an investment of extremely risky complexion."
"The retention of the "Speculative Buy" recommendation, emphasis on "SPECULATIVE" reflects the presence of an 80Mt base metal orebody in the relative geopolitical stability of Northern Australia."
"Exploration upside appeals....."
"Note: The author personally holds shares in CMR."
IMO, they made a fool of themselves in the last report, based on the current SP, and had to alter to save face. IMO, "someone" has been in contact with them.
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- hunterley report is out
hunterley report is out, page-7
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