CLE cyclone metals limited
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why is marampa apparently more valuable?

  1. Sammyjh
    317 Posts.
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    16/11/10
    11:20
    Post #: 7480493
    In the CFE presentations, Marampa has been valued at 300-500m. Why is this so much more than Mayoko which has similar metrics as far as I can tell.

    Also, I question the supposed value of 500m, when CFE paid 31m in equity for the last 65%. I am a holder of CFE but I question the value that TS has placed on Marampa. Seems excessive to me. Anyone got a take on this?

    CFE Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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