I may have missed alot - but in my skimming of the announcements I don't see where they actually explain the rationale for the sale of these excellent assets. On the 5/12/11 they release a presentation all gun-ho, with plant plans etc and 1 week later they announce intent to sell everything off - whats going on???
and what about this from the current announcement...."Drilling is scheduled to recommence later this month targeting extensions to the Koka South deposit at depth and further to the south."
Why are they continuing to drill ground they are selling, burning money for nothing, They're working for the other party for nics - surely I am missing something?
I may have missed alot - but in my skimming of the announcements...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.34 |
Change
-0.050(3.60%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18387 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3757 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
