sierra you touched on it investing vs trading are two different beasts, i invested in this company based on fundamentals (which i still believe will eventuate), in bear markets i have learnt next time the importance of basic technical analysis and cpaital management even when looking at value investing at a bottom. This sought of rought i have never experienced so an eye opener its is.
Anyway still hope on a turn around dont we have a 200 mill plant ? Arent we producing and will start to earn income in 1 month ? Arent teh current metal prices and AUD such that the oxides will be profitable ? are you bullish on metal prices and inflation pressure? dont we have one of the largest poly metal resource bases? Dont we have a feasability study underway for a resource hungry partner willing to pay 1 Billion for a plant? dont we have u? Dont we have access to travel and ports?
but why is the SP ? 0.45c ?
CMR Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held