I reckon that we are sailing close to the wind. My guess is they'll proceed with the CR and they are keeping quiet hoping any resistance blows over. That they made promises about announcing activities (5-6 weeks ago) and CR announcement, saying repayment of Con. Note was basically covered, and presented about being cash flow positive (around 9 mil for 2019 year) doesn't seem to bother them. Spending 8 million in our best quarter was both scandalous and as it turns out, perilous. Good questions about the separation of ores when milling. Mining the east vein at Maldon turned out a bad move. Wonder if the west one is also. Even if we stay afloat, and become profitable, the treatment of shareholders will always leave a bad taste, as a warning to steer clear.
- Forums
- ASX - By Stock
- In the interests of the Wider Community
I reckon that we are sailing close to the wind. My guess is...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.0¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CTL (ASX) Chart |
Day chart unavailable