A couple of weeks ago my broker was told that there would be a good six weeks of announcements and other moves by CXY.
We've had two weeks and so ar they haev
a) raised $7 million in a placement b) entered inot an MOU that allows them to secure funding of $280 million which will be sufficient for their ENTIRE (unlike any of the other UCG players) commercialisation programme AND MORE, c) seen the start of the Option conversion programme which will raise about another $11 million, and d) scored well with Market Capitalisation increases.
To come? My guesses might include
1. JORC resource (at least a starter figure anyway) 2. Confirmatiuon of Trial Burn dates and Milestones 3. Progress from Off-shore projects 4. Surprise One 5. ???
Want to complete the other guesses?
CXY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
