CSM cosmo gold limited

CSM has just put out a "our future looks very promising"...

Currently unlisted. Proposed listing date: TBA
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    CSM has just put out a "our future looks very promising" announcement. I concur, but WHY has it taken an expected bid from TTY for management to announce this? This was known by myself and others two months ago, when only the (lower) Pallinghurst bid was on the table. Why didn't they put out the same sort of announcement then?
 
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Currently unlisted public company.

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