CGT castlemaine goldfields limited
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Same reason why they wanted SBL, they think they can reshape...

  1. dontgetcaught
    122 Posts.
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    03/05/12
    23:09
    Post #: 10130090
    Same reason why they wanted SBL, they think they can reshape management and bring an unprofitable mine into profitability. I understand you said CGT is currently cash positive but if the current management doesn't think they can remain profitable that's a problem. After looking at this company a bit more, I do think $0.14 a share seems a bit on the low side...
    CGT Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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