Member Info for ChirpyCheep

Escrow comes closer but only if takeover is for £A50m

Agreed.
CAI price has tanked but so have a lot of similar companies.
Might be buying a smaller player ?

Good man, thank you.

If you take that view every exploration company would have a value of zero.

For me @ .338

Keeps going up !
https://www.jupitermines.com/projects/tshipi/manganese-price-information

Well if it was profitable in October 2015 when the price of Manganese was less than 1.5 and it is now 5.97 it's going to be one hell of a profitable mine!

Fair point most of it.
However, you don't mention the point that for the majority of the last few years it would not have been economic to open the mine.

Many thanks
Seems positive-" no brainer" comes to mind

You'd think they would have something to say, otherwise why hold the presentation.
However, I'd be surprised if the resource upgrade drops by then. I thought it was due late 2018.

Can't see much in it myself.
However, the offer was 66% over the current share price, so it does suggest the sector is undervalued.

Yes but if you had invested in Novo Resources, which I think is one of Sprott's babies, last October you'd be sitting on a 60% loss.

For me
Nice to see Oil back
I'm just a punter, he knows what he's talking about!

Just stringing us along!

The Pilbara is home to some of the world's biggest miners, especially Iron Ore.
........... but somehow they seemed to have missed Gold right on their doorsteps.
............or is it an old story just getting hyped up?

CAI not running out of cash.
$A6M end of last quarter and spending 2m a quarter.
I've had email conversations with DR about this- he just doesn't get the conglomerate hype.
As you will remember on one of the VOX interviews when asked about GGP, he said resources will triumph in the end.
As you say time will tell

So would you rather have dilution ?
If you take the view that KRS shares are undervalued cf CAI shares, which I think you've said in the past, isn't this transaction more beneficial then to KRS shareholders than CAI ?
One would think this demonstrates confidence in the Shear strategy.

A lot can happen before then
CAI could be sold and the Performance Shares would vest

On the completion of successful PFS
Qtr1 2019

Wish our roads were that good!