Ann: Appendix 4C - quarterly , page-25

Went through last Friday mate. Only reason I noticed was because I was trying to get some at 10c and then ended up buying some at 11c as people were chipping away. I checked the course of sales and only then realised it had traded 400k.

I have been in and out of CMC before and recently my mate spoke to management after the quarterly. They said that they would prefer not to answer any questions now as a lot would be answered in the half yearly in a few weeks. That placement of 35c was meant to be completed in 90 days which is early March. If either of those come off, we should head north. Particularly hoping for the latter, although market isn't obviously counting on it. If it doesn't happen they'll rework it at a different price which would still be at a premium I would imagine??