WAL wavenet international limited

CLR is tightly held, this pushes up the share price. It has...

  1. 5,652 Posts.
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    CLR is tightly held, this pushes up the share price.
    It has fundmentals but still only in early stages. If we have another crash it will sink like a stone. I am saying its a good investment but is way too high for this stage of development.

    I value CLR at $1, there is way too much work needed to prove they can bring it into production. The time lag for production will be around 4years and profit 6yrs, therefore at todays prices its a bit high. Coal prices should lose 40% or more within 4years.

 
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