CUY 0.00% 14.5¢ curnamona energy limited

the report is out and pleasing on two counts,the first that the...

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  1. 607 Posts.
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    the report is out and pleasing on two counts,the first that the recovery through the ISL appears to have gone ok.The second point is that as i suspected that J p morgan has been identified as the seller.They have offloaded about 1.5million shares since last annual report and still have 1.5million togo,assuming that they are keen to completely exit.

    A capital raising will be on the cards at some point to fund the capital works once the field trial is complete.

    I think we might see a bit more interest in the stock now but I think a boardroom radio interview with the "conservative" dr bob would be a good idea if you have any interest in marketing the company

    I do not understand j p morgans reasoning for exiting now having paid $2.00 and with trial results looking ok,great time to exit.

    Lets hope the balance of their holding gets consumed pretty quickly.
 
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