....but I am assuming that all other upside options, the KPL holding and PPL 437, having been removed, that CMT is so on top of PRL 38 and is working towards creating shareholder value and reversing the share price halving since IPO, in a timely fashion - as a company should......the CMT behaviour would indicate that PRL 38 is an absolute goer.
Interesting then, that money is going into KPL, and CMT has sold out.
I think that we all acknowledge that the CMT opportunity looks good on paper - I am holding and I see the positives. However, as investors (we are financing this company) we should cast a critical eye over management decisions, and this forum provides an avenue for such expression. Note that in recent corporate failures, such as Forge, Vocation, Penrice etc, company management was spinning a positive story right to the end - so just "talking to the company" does not cut it for me. The information is taken into account, but you need to retain your own independent assessment. If these guys at CMT pull the winner out of the bag next week, then you can laugh at me and I'll laugh at myself. Lucky the company is already valued at next to zero (not a great achievement I might add), so any further downside is likely limited.
BDM Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
