Yippee, CFE has shelved plans for a non-existent project - HEADLINES, HEADLINES... Wow, talk about shock value.
I'm p'd off with CFE management because it took them a year to get any value out of the Cape Lambert sale (or was it "the market" bleating about how "CFE will never close the deal, they will never get the $400m, blah, blah, blah!). Then of course it took them another 3, 4, 6 months to give SH a payback out of that deal, citing poor conditions, etc...
Now, they are among the first to cry about a project they never were going ahead with anyway (they were "thinking" about it)? I'm in shock. NOT!
CFE Price at posting:
42.5¢ Sentiment: None Disclosure: Not Held
