There is an EGM coming up and hopefully 2ic will be there to ask the Qs. Disclosure has reduced to zilch and we wont know the full story until at rated production capacity.
Intriguing bit is that buyer is also the JV partner and u gotta ask what are the terms of sale. Then u gotta consider that JV partner is now injecting funds as is the Chairman tho they seem to have a flexible conversion rate fixed in AUDUSD FX. And dont for one second think that HNC or GT or anyone else aint interested in the Uranium ... it INTRIGUES me that that is being kept outa sight when it could be used as a positive.
IMO CRB is undergoing a primary retrace as result of short term all-in play on USDX conjob ....... the WORLD is fighting for survival atm and CRB is the sacrificial lamb to con us into thinking there aint no inflation so they can drop interest rates to keeop the matrix alive ..... thats the play.
Meanwhile its a case of who is still around when global REALITY again takes centre stage and resources supercycle moves into its third primary upleg on paper burn drivers.
CMR screwed up on mistiming and misplanning and many other "mis's" but intent looks like its real and our "financiers" are the partners and leader whose reputations are on the line ........ so lets see.
Bottomline is IMO we should NEVER have been allowed to reach this state with proper forward planning ... they cant say "hey look at everyone else" ... we lead them
down !
I'm on painfully passive hold mode here and focussing elsewhere in prep for beyond the thunderdome of megabear C.
IMBOOC
There is an EGM coming up and hopefully 2ic will be there to ask...
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