CUY 0.00% 14.5¢ curnamona energy limited

j p morgan, page-9

  1. 607 Posts.
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    wonky

    I have never quite come to grips with the cryptic that eminates from your fingers ,but let me assure you I am just an investor who has no relationship to jp morgan what so ever. I have a reasonable stake in cuy and have been a long term holder. I have become a little concerned with the consistent off screen seller ,albeit on relatively small volume that keeps coming down to meet the market.
    It is such an illuiquid stock that the price has been under pressure for some time. I am a beleiver in the storey but management have become indecisive as to what their strategy is. I;m not sure if the field trial is happening or we are going to a mining licence or an offtake agreement.

    Bob has been prudent with the cash burn which during the last 18 months has been smart as raising further capital woud have been either impossible or at a massive discount.

    I just think that we need to get a definitive direction by the company with some time frames that are concrete.we also need to be made aware of were the problem lies with permits and some further time lines around those.

    Perhaps even some comment about the share register and comfirmation that j p morgan is still committed .The register is extremely tightly held but the interest in the company has stalled.
 
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Currently unlisted public company.

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