Thanks KeepingFocussed, and I agree with your view that sentiment is slowly changing. For a start, its very encouraging to see that all stock offered at 7 cents today was taken out, and I for one will be looking to increase my holdings on any weakness if it becomes evident that the turnaround is gathering pace!
My interest remains in COZ getting sufficient production from its current Qld operations (including the more recent Coral Seafarms acquisition) to see an operating profit. This might take a bit longer, but will surely provide more credibility for Project SeaDragon which, even on a world scale, is huge.
And as some have indicated the carbon business can keep its head above water until we finally see the back of an ignorant PM (and believe me, I USED to be a liberal supporter!). Once Abbott goes then the carbon business might start to re-emerge as a very attractive and profitable business for the company - from my understanding of it, COZ is the Australian leader in the carbon space, not only for carbon sequestration but as a complete carbon business provider, such as carbon trading, carbon credit measuring, consulting etc.
COZ Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
