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3.9¢ carnegie clean energy limited

News: CCE Carnegie Clean Energy Signs Implementation Deed For Acquisition By Tag Pacific Of Energy..., page-71

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martincooper

498 Posts.

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02/07/18

19:59

Post #: 34092618
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Originally posted by Jrdbull ↑

Ben, I am off the view that Northam would be a struggle to sell off at present without a committed off take. Merchant is flimsy and as I have always maintained, I’m not sure the numbers work.

However as you rightfully point out, we wouldn’t know because CCE have never adddressed this elephant in the room. No transparency or disclosure.

If the same people did the numbers on EMC are the ones that built the business case for Northam and GIMG, god help us!!!!

If was an Indigenous Business Australia and Bookitja board member, I would be extremely uncomfortable right now. I’m not surprised MPower didn’t want to take Northam onto their balance sheet.

Frankly I would be surprised right now if Northam is even finished.

The whole situation stinks!

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I missed that point. May I ask you to explain why the merchant is flimsy please? I am genuinely interested in understanding that point of view.

CCE Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 3.9¢		Change -0.001(2.50%)		Mkt cap ! $13.91M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.9¢	$603	15.38K

Buyers (Bids)

No.	Vol.	Price($)
3	609486	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	6497	1

Last trade - 15.49pm 19/11/2024 (20 minute delay)

CCE (ASX) Chart