This deal looks to be a real game changer for CDB,
Jiangxi are not loading up with cheap options and management seem to want to keep the register pretty tight .
We have a new management team running the show and Dr Paul Crosio has the pedegree and investment banking experience to relly put CDB on the rerate path
CDB should be able to support a market cap around the $15 mill mark at the moment imo ,so a share price around the 5c mark ,thats my target ,lets see how the next 6 months pans out.
CDB Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
