Choice, that will keep the sp flat.
My guess would be that the sp could drop to ~7c. There's nothing holding it up. Drill results, nice juicy ones, would be a help. I know that the drilling is underway and there would be plenty of travel between Perth and Canberra/Sydney. That's the price you pay for distant development.
But maybe down the track CRC might just decide to do a share buyback to compensate for the terrible dilution that is going to happen.
I bought shares last week but now I'm wondering if that was a wise decision. It's not a nice feeling knowing that you've just bought 100% of 70%.
The day that the first oz is produced will be the end of an amazing, tiresome journey.
Add to My Watchlist
What is My Watchlist?