Like you suggested, hopefully some major shareholders can step up.
Perhaps not at 8c but not at 3.7c either.
Could see a reduced cr & maybe a few million out of the kitty to reduce shares on issue but doubt it.
I do agree with management that we need to keep a healthy safety net & I wouldn't want to see that 8 or 9 million being eaten into too far, especially after a few difficult harvests & no certainty on significant revenue from mm in the short term.
Hopefully the sp can bounce between now & cr to remove some of the pressure but we'll get through it.
- Forums
- ASX - By Stock
- CGB
- Shareholders Q&A opens 1 of augusthttps:/www.queenslandbauxite.com/forum-1/q-a-forumhttps:/www.que
Shareholders Q&A opens 1 of augusthttps:/www.queenslandbauxite.com/forum-1/q-a-forumhttps:/www.que, page-82
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online