Miner64, agree...
....certainly unloved here over past months.
Seems to have been no real attempt by coy to encourage support from shareholders...has a long history of manipulation & has lined some pockets while wounding many I'm sure.
BUT worth watching and remembering it comes & goes as a trading favourite. And worth a watch out for future trend up.
Some points:
1. Andrew Chapman joined cci as joint coy secretary on 28/11/06. Left Nido in Nov to 'pursue other opportunities'.
2. The mention in last ann of 'continued search for new resource projects to replace Ruighoek', will have significance imo.
3. Placement to 'sophisticated investors' last month at .0045 + free option... is the first sign that there is now incentive for share recovery.
I'm not ramping it - just balancing some of the extreme negative posts. AND would rather be viewing it for entry at it's low than ramping it when it spikes.
cheers
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