They state they want the money to accelerate the exploration program and and expansion feasibility study.
I can understand installing the circuit crusher but why not just keep it to that and start generating cash flow? They could have easily gone to us punters for that capital.
Yet again I get the chance to buy at the diluted price and watch the overall value of my holding fall, how lucky can a guy get!
My vote won't count for much at the AGM but at least I can vent my frustrations!
Pablo Feeling more diluted than cordial at a church picnic.
CCU Price at posting:
59.2¢ Sentiment: Hold Disclosure: Held