I'm not disagreeing with you mate. Just pointing out that the exclusivity was announced last Nov but the actual name of farmee was announced in Feb. Dewar already has the data room open for months so hopefully some news soon - especially given the close relationship they now have with Shell.
Anyone with any knowledge of CLNR should know that speed is not one of their strong points. However, when it does deliver it does so very well. It is a waiting game pure and simple. Not expecting much news until next year to be honest.
I have previously been invested here but must admit sold out a while back. What is the cash position of the company? Are they fully funded for drills or will they require financing / a placing of some sort?
Well, if someone has held since 2013 where the SP did not move above 30p and not sold since (even when the SP was 60p+) and they believe the share is crap despite all the recent developments with Power China etc then perhaps now is the time to sell and move on - take the 30% odd hit and get out is my advice. No point remaining invested in a share you don't believe in.