CLE 0.00% 0.1¢ cyclone metals limited

Ann: Sale of Leichhardt Project for A$25million , page-4

  1. 500 Posts.
    lightbulb Created with Sketch. 1
    re: Ann: Sale of Leichhardt Project for A$25m... headline sounds positive, but then check the fine print.$15 mill not payable until 2014 ( almost 2 years away) and then subject to deduction of $2.4 mill if refurbishment cost overuns. and does anyone else find it strange that there is no mention of who the purchaser is? and fine print counts the $80mill in receivables again. great timing of the announcement though....feeding the chooks ( ie us shareholders) a few crumbs to take our focus off the main games.. ie marampa and MCC.
    Gotta do better than this Tony
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.