CXX has always been a long term project so I find it hard to believe why some holders are jumping ship at this point.
Tremont (& the Board) must be laughing at this forum. It is a no brainer that offtakes and financing deals have been put in place - why else would Tremont commit another $40+ m to get control? Dear oh dear!
I know a crowd that may be willing to pay up to $85m. Might go and try and sell them on what Panda Hill has to offer.
CXX Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
