CMR 0.00% 15.0¢ compass resources limited

cmr purchase equipment for oxides production Announcement just...

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    cmr purchase equipment for oxides production Announcement just out :

    http://imagesignal.comsec.com.au/asxdata/20051026/pdf/00560763.pdf

    Answers some of yr questions HL. Lets see what comes out in Quarterly also due next coupla days ........ geez, hadnt realised October is almost over.
    We can post mortem the lot after that.

    Am AMAZED the local fund managers aint yet
    awake to the FACT our baby is seriously moving ahead to production ex oxides by end next year as scheduled.

    AND IMPORTANTLY, present price is sitting at conservative price/earnings 2 one year out if they get their figures right.

    And before we ralise, we might soon wake up to a JORC uranium resource as well ready to roll at the drop of a hat if the FEDs and Territorians so desire.

    Do u think the short 2s on bookies odds for the YCC are unjustified ??? I dont.

    VERY CHEAP IMO .... and we can thank the recent market weakness and nervous non-Olympians for providing us with a level playing field for cheap stock alongside the sophisticated pros.

    IMBOOC
 
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