dispute with HNC over oxides?? imho it would be more to do with the 42cps conversion of debt...
and GT will be similar...
no way can i see these parties converting for the pricely sum of 42cps. forget what CMR was worth in the past, at present time it is valued at 15cps...
for the record i dont believe it is curtains for CMR, cool heads and a good plan will see this company survive and perhaps even thrive in the future. however before that happens there is going to be much dilution and pain for existing holders.
most likely outcome at some point in the future is a takeover from BHP or the like. however short term this is likely to visit 10cps or lower.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
