CMR 0.00% 15.0¢ compass resources limited

selling out, page-32

  1. 2,913 Posts.
    lightbulb Created with Sketch. 117
    I think CMR will get taken over not mothballed.
    Current Shareholders will be massively diluted.
    A company will probably pick up the plant and the deposit for nix but will also have to take care of the debt.
    The new entity will make money, but only because they will get the deposit and plant for next to nothing.
 
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