CLE 0.00% 0.1¢ cyclone metals limited

does it mean a done deal, page-18

  1. 559 Posts.
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    Well,
    As a long trem holder and quite a significant amount of options, I must say I am not thrilled. The lass at CFE was not too far away from the truth. I am now seriously considering in liquidating the position, due to the announcement as there is nothing concrete in it. Options will be converted at end of month, not quite true only after some of the items of the sale agreement have been attended too. I thought we jumped through all the hoops. Ding buying options through delong does not necessarily say the deal is done, even though I would love too. It was suggested I was down ramping the stock a few posts back, but nothing was far from the truth, just look at the announcement. Ding has defaulted by 31st of august and now who is too say he wont default again at the end of the month.CFE has met all pre sale conditions, or all the conditions the company has told us any way. I dont think they are being totally truthfull about this transaction. My thoughts only. Good luck too all that hold
    NB
 
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