Ann: Trading Halt, page-6

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Snaganas

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20/08/18

12:49

Post #: 35035979
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Originally posted by dunny29 ↑

Can't say that I have the greatest feeling about this trading halt.

With the re-release this morning showing that at current prices, there is still $10m AUD cashflow to look forward to over the next 12 months all things going to plan (the only changes I can see in the re-release are the additional pieces at the bottom relating to this).

A trading halt with no reason (perhaps we don't get the snippet from the company included anymore with the recent tweaks to the announcement system or maybe this wasn't called by the company itself for whatever reason?).

Seems a bit suspicious to have this following the reassuring re-release this morning. Still very comfortable holding, management have clearly made/making great progress and there are multiple positive aspects to look forward to (mining progress/cashflow, proving that further targets can be mined, potential for other acquisitions, possible improvements to Zn/Pb price to name a few).

Just not sure what to make of this, the cynic in me thinks perhaps they need a cash top up, can't think of much else that's likely to require a trading halt over possibly 2 days.

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Unless this is a very recent change I have not yet seen a trading halt relating to CR that hasn't stated this at the outset. The disappointing SP in this stock has made us all a bit glum I guess, but I still reckon this mine will deliver.

SL1 Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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Ann: Trading Halt, page-6

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