I thought I better reply to myself , and explain what happen. Hilarious really.
I thought the recent quarterly was interesting as in maybe this decade licences will be awarded. Patience is imperative to be a CEL shareholder. Or more correctly a challenge.
And I think the thickness of the cobwebs on the CEL hot copper site even surprised me and somewhat blurred the clarity . Apparently the post I replied to was actually posted on the first of July not in 2018 but in 2013.
Apparently in 2013 CEL had a share price of 9.8 cents, so a MC of $33 M was accurate.
My humble apologies to anyone I may have offended or caused heightened expectations.
But of interest I thought was the fact that in five years and one month the management has only increased the number of shares by 30% (if I have it right this time) so I think management deserves a round of applause in keeping the company on track and not being saddled by a hopeless mess with billions of shares.
If we get our licence this decade we could well visit 9.8 cents again.
Ha ha ha
Saltbus
CEL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
