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From nihilism's explanation, it looks like retail holders have...

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curiouser27

3,310 Posts.

185

10/03/17

13:42

Post #: 23251748
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Originally posted by Dentie ↑

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.

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From nihilism's explanation, it looks like retail holders have no choice, holdings will be converted to cash.

Or do you think a better offer will come while the trading is suspended?

CXX Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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