OLY 0.00% 3.7¢ olympio metals limited

September...CLI's home run, page-133

  1. 22,695 Posts.
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    IMO the company's original guidlines* are still intact because as crop poundage prospects & CBD content rises, the $/% of CBD in biomass
    decreases (price). CLI also has the benefit of offering consistent and high volume feed to a processor over a 3 month period and, IMO, this should command a better biomass price than your average 15 acre one hit hemp cropper.

    CLI being a big producer may also have the advantage to obtaining better/quicker deals to interstate processors, IMO.

    With a current Mkt Cap of $24.5 mil & the prospect of having $40 mil in the bank (9c/share) come Christmas, Mr Market is obviously being cautious.
    The Management & Board have the challenge to convince the Market that not only the prospect of having $40 mil in the bank but that the Board & management can match that or better for 2020 ( Mr Market always looks ahead)

    IMO, if Mr Market does not wake up there is a distinct possibility, IMO, that CLI may revert to private hands at these low share prices.

    Apart from the soon to come compliance data, there are the variables of poundage, CBD% & $/% CBD and of course the weather.

    * 800K lbs @ $35-$45 USD/lb ( total crop $41.2 mil AUD to $53 mil AUD)

 
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