It is a very big deal for Cullen... Money coming in is a ripper.... But how much money is a different story and hard to work out at this stage.... with the take over it's a new ball game and the chinese are known hard dealers... But the iron ore is one major part of many assets ....
The core value of Cullen is in the strategic location of some of its tenements and in the experience of its exploration team... The SP doesn't reflect these values.... but that's how things are these days ... the most boring... dumb and weird OZ stock market I've seen in many years.... All the way with the banks .... and to hell with everything else....
Thank you Boasteel
Today's announcement is a good sign that Cullen's board is stepping up to the plate and getting ready to dance for their future and that of shareholders...
Well Cullenites.... I didn't win Power Ball... only got 3 numbers in a system 10... I'll get back enough for few slabs for the soccer...
Tomorrow... 5 am start in front of the TV.... new regime for the world cup....
No trading stock .... Just Cheers and Beers.... Viva Germania........ Germany to win...
Good luck all....ZZ
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