Firstly, I would not be to concern about the length of time, they (Cronemet) are a foreign company who will have to show documents to the government FRIB, Secondly, I have not heard this all before from RK you would have to be aware Cronemet have staff working onsite, any one selling now in my opinion are taking a gamble, the top 20 have gone from 38% to 53.5% in just 8 weeks. A clear confidence vote. According to RK in all reports he has ruled out dilution of the stock as a means for CR's we would love to see your loyalty bonus option, but it ain't going to happen. Funding will come from a Cronement entity, we may see a 50/50 establishment of partnership, in any event its pretty clear from my reading of the last update that the deal is done. So, I think we are just waiting on the paperwork to come back from the FRIB or other Gov departments. Sorry, if you sold any and trying to get back in, as I know a couple in the top 20 are continuously buying when it tips 2.1c -2.2c.
SEI Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held