"Crossland needs money urgently I think...hope it happens...."
I was under the impression the Malaysians were funding this ST until CUX got to a point where they were ready to move ahead properly?
Regardless when every other ASX listed Rare Earths co with a JORC deposit is trading with Market Caps of around $50m (HAS NTU PEK) CUX with a market cap of $3.5m seems very undervalued
As Ive acknowledged though given how much further advanced those companies are I wouldnt expect CUX to close that gap and trade at $50m until it was also able to advance itself satisfactorily however $3.5m is just too cheap and something closer to $15m-$20m I would think more reasonable given the work done to date on the deposit
CUX Price at posting:
0.7¢ Sentiment: None Disclosure: Held
