Hope you have bought back in this one mate as the news today will safeguard the company for the near/Longterm future,now we just need to get the funding out of the way and sit back and watch the sp rise.
I like you believe if this deal goes ahead the only way is up from these levels so fingers crossed we get an rns soon laying out the terms and conditions so we know exactly where we are headed long term,but if deal don't happen we f..ked,as usual I always look both ways.
if this mill joint venture is so good and it's going to make crnd profitable why are they selling nearly half the company for $4 million which in the grand scheme of things is peanuts.
75% down is good for this,i for one have managed to get my average down to about 15.00 so need a few(about 12)100% rises just to break even :-(((( but believe it still can happen.
It says in the rns that they are looking at different ways of mining the flooded area and I believe they will implement these new ways soon after the investor sticks their money here,maybe they will opencast the area as if there's billions of pounds worth down there how come they not entered from the surface and managed water as they get deeper in. Where I living a company has dug a hole the size of that creator hole the meteor made in arizona and that was for just £10 million worth of coal.
Well it does sound like the investment will go ahead and crnd will still have control and own over 50% of the company so hopefully bottom has been hit here and good times ahead but as we know this is aim and anything can happen.
New people investing $4 million and they will get half crnd leaving crnd with the other half so that's half of $8 million which is half of just over £7 million,god I thought I was thick.