Why can't they have a Joint Meeting ? OK it will be driven by KRS but why can't CAI piggy back it ? I would expect that CAI will be encouraging people to hold their holdings.
Surely these were put on hold because the Mn was not forthcoming ? Why put money into Kamina if there was no hope of ever building a mine. Would expect it to be back on the table ? Cobalt has gone down recently but Nickel has soared, so I can't see why it why it would be binned.
Yes got a lot but I've got so many that whatever I sell I'll lose in the price going down!! So it's nice for the price to go up but I've still got to go long. Still think it's undervalued.
DR essentially controlled all the KRS shares within CAI In effect small KRS shareholders would have had no say in whether to accept an offer. Not the case going forward Would have thought takeover more likely going forward.
Well Spotted Kerr Allen value CAI at 4c 2 years extra mine life will increase the price to 6c That's valued on $A1750 price. Add another 50% to the 6c if it holds at todays price Think I'll stick with it
Looks like they had to clear the debt before the distribution went ahead. Most of the raise is clear the debt. Look at it from DR's point of view, he is putting £300k into the company. Why should he wait for the price to rise!