CMR compass resources limited

huntleys upgrade to 5.25, page-2

  1. 934 Posts.
    Wonder who Mr Lynch is buying for?
    Wouldn't be surpised to see 19.9% soon.
    As Huntleys said:-

    "CMR is also more attractive to predators. In the short term a would-be acquirer may want to get in prior to consummation of the Hunan deal. In the longer term CMR will now own 100% of the uranium excluded projects. Simplification from a project management point of view is positive. The prior requirement to free carry Guardian on some exploration programs and assist in arranging its share of project finance is now removed."
 
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Currently unlisted public company.

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