Extremely Positive RNS.28 Aug 2025 08:15
This is a copy and paste from ADVFN and what the RNS is saying, which is why this hasn't dropped:
Cloudbreak sources yet more private investors to have the scoop a private placing at 0.475p, bringing in two new institutional investors (including a specialist US mining fund) alongside support from an existing long-term backer.
This is not loose retail paper imo, these are sticky, strategic hands with a genuine interest in Cloudbreak’s discovery and upside. The participation of a US fund with deep mining expertise is a huge vote of confidence and significantly de-risks the investment case.
The funds allow CDL to accelerate its work programme at the newly expanded Darlot West project while also moving forward on multiple exclusive opportunities already secured. Management has made it clear: there will be a steady flow of updates in the near term.
What matters here is that smart institutional capital has recognised the upside potential well before the wider market has. With CDL still trading at fractions of a penny, retail investors are being handed a rare opportunity to line up alongside heavyweight backers.
This placing isn’t about a quick flip given the US mining funds - it’s about positioning for transformational growth. Institutions are in. US money is in. The float is tighter. The upside is wide open. Enjoy it. To me, this is bigger than #WSBN especially when you consider both MCs.