CFR
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0.00% 0.6¢ cluff resources pacific nl

'Over 2 billion shares and 500+ thousand oppies (CFROB)'I'm not...

  1. HarryShezza
    1,718 Posts.
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    25/02/11
    10:12
    Post #: 7951987
    'Over 2 billion shares and 500+ thousand oppies (CFROB)'

    I'm not sure that 20c is on the horizon OpalCocky any time soon....that is a pure ramp.

    They have limited cash, some nice prospects, but to bring these operations into potential production from a discovery will cost millions. Cant see them getting a debt facility and raising more equity dilutes the SP even more.

    As tenerife has pointed out 2c is a more realistic target....
    CFR Price at posting: 0.8¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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