So where to from here for CPL. This stock is back to levels I thought I would never see again.
A little bit of uncertainty in the company with a changing of the guard at the CEO level and awaiting an announcement regarding a joint venture partner and funding has sent us into a bit of a tail spin. On top of that we have global uncertainty in markets and bond markets pointing to fate worse than death.
So where is the bottom? We have a great project, management have so far delivered and hopefully Genes last horah will deliver a JV partner and funding to boot.
And if not any ideas????
So I would welcome thoughts as to what some of the long termers are thinking. The long term looks good but what if China slows and coal prices come off, surely this cannot be mothballed again, as happened back in the early 80s.
I will continue to hold much to my wifes disgust as I think this will turn......I hope. But she remembers XEN.............and the words all will be OK!
All comments welcome. Best of Luck, Metro.
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