So, how many sophisticated investors are going to take up the placement for $2m of shares that are only worth $1.3m as at today's close??
I don't think the free 7c oppies are going to entice anyone either...
I hope they can pull a rabbit from the preverbial hat to get the CR over the line as they need $$$ to progress projects (and pay rent, salaries, legal fees etc)and create some SH value. But, if they can't get the CR over the line the SP will tank big time IMO.
Perhaps now would be a good time to push hard on an offtake agreement for the Kipushi tailings???
CFE Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
