It must have taken 15 minutes to write this announcement. At $100 per hour it was good value for $25.
I was fairly positive about cuy once upon a time, but who could be positive now? Someone is buying, but that could be nothing and I wouldn't really take any notice.
It won't look very good if they have to shut down another listed company which quite frankly has no real prospects right now. Honeymoon took years (decades) to sort out but their problems might be completely different than oban and let's face it the resource is small and the grade is low.
If it were me: it might be time to change the direction of the company completely. Maybe expand the exploration target minerals and go elsewhere. I have posted on hav that cuy are going through native title legal stuff for an area which is hundreds of kilometres from their normal campground. This area is not known for uranium as far as I know but could be prospective for a number of things.
Maybe they are positioning to create a parallel exploration company to havilah which could become something worth holding..............eventually.
CUY Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held