CR1 6.67% 16.0¢ constellation resources limited

Simple Summary of CR1, page-8

  1. 1,200 Posts.
    lightbulb Created with Sketch. 270
    Good post.

    You missed the fact that the 14m options expire end of July so, given they are strongly in the money, we should see an extra $2.8m in cash in the next few weeks and a simplified capital structure:

    - 50 million shares on issue
    - Approx $20m market cap
    - Approx $5m in cash

    Woodman is a gun and a key asset in the Middlemas stable. I expect news flow will start once the options are cleared.

    Good luck!

    J9
 
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