Club Mulgoa

Sunday, February 06, 2011

CNLO

Going nowhere for a while now. But phosphate in Tunisia is making a splash today so my options went flying too. Upwards. Will this be sustained? You bet! The buyer has already agreed to take up some of CNL's equity and buy the phosphate before even a feasibility study. That is confidence in a company for you.

Hence I have a sudden upsurge in the profitability in CNLO and I don't even have to exercise it until 2014. Thank you to whosoever mentioned this company in Hotcopper. It used to be VGM.

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