CLR carabella resources limited

Very hard to say. Having looked at the difference between EOC...

  1. asf
    9,887 Posts.
    Very hard to say. Having looked at the difference between EOC and CLR, though (thanks DDzx), CLR remains the more interesting proposal. Shock and awe with the share price down from $1.30 six months ago to 37c now. They also have $25m in their bank account, expect to spend $5m, and are being quite independent about taking it to mining. With $500m capex, they won't be going it alone, I shouldn't think.

    The share price is distressed, but the company looks healthy. Bears can tell me what I am missing here, if they wish.
 
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