Someone here posted few hours ago that crnd is up in Jse 9%, but he failed to say that it was up due to very low volume and price has not moved since 2 h ago. So expect here share price drop.... in order rise to be equal.
production costs remain higher, iodine price down,
In my view a placing is needed and will happen soon.
It is overpriced and overbought,
This time expect big drop, not to 8 - 9p, but 5 - 6p
The effect of this ruling is that the DNRC's denial of the Company's water permit in Montana stands. Accordingly, the Company will not be able to further develop this non-core asset utilizing the existing water permit application.
Expect it drop sub 6p.
Production numbers don't matter right now, because the price of iodine is going down,
Secondly,
Successful agreement of Heads of Terms for the restructuring of convertible debt and creation of a new USD$10M Debt Facility
$10m debt facilities, expect massive placings....