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09/03/18
14:42
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Originally posted by seaemay
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Follow-up question: So, why does your average punter value CXO at only about 6.8c? The announcements that management has been putting sound good but for some reason they don't seem to be hitting the mark. We all realise that to hit the big time we need a large discovery but frankly we are being rated as little more than a rookie explorer with a patch of dirt to scratch around on, whereas it looks highly likely that next year we will be shipping DSO to China for at least a $50M profit, with probable subsequent deposits to be mined. Beats me!
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Well that announcement should answer your question of why we have not been able to push on. LTR sold 13m shares into news.