CLE 0.00% 0.1¢ cyclone metals limited

good news coming!, page-9

  1. 1,756 Posts.
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    Looks like the dividend will be coming our way soon.
    A disposal of Lady Annie will provide CFE with around 130 - 150 M$ in cash so CFE will have a healthy 200 M$ in cash after the trade sale.

    A 60 M$ dividend will still leave around 140 M$ in cash.

    The market cap of 250 M$ looks ridicolous considering that Marampa could provide us with another 250 - 350 M$ in due course.

    Well done to those that topped up during the recent price weakness.

    Cheers
 
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