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0.2¢ cape lambert resources limited

https://www.shortman.com.au/stock?q=Cfe

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1,918 Posts.

104

07/02/18

15:38

Post #: 30892186
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Originally posted by investc ↑

Bit of a nothing announcement when most of us were hoping for some serious progress & a possible offtake agreement in the wings won’t help.

Also dates pushed further along so no real compelling reason to buy right now. Market sentiment certainly not helping either, but a 4.5% drop on the Dow shouldn’t see us down 20% in one day although it rebounded a bit before close.

I don’t know about all of you guys but I’m certainly annoyed that I didn’t listen to my gut instinct & pull the pin at 8c, could of least Re-purchased at a lower level entry saving some losses on the way down.

8.1c -4.6c didn’t take long, lets hope we have bottomed out & we start to head north.

I did like seeing the Q3 2018 production date in the Ann, although it may be optimistic it seems to be a real possibility.

If we pull it off & get an offtake this will go down as being a great buying opportunity.

Good Luck to All !

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https://www.shortman.com.au/stock?q=Cfe

CFE Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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