CLE cyclone metals limited

why is marampa apparently more valuable?, page-4

  1. 1,943 Posts.
    some of the difference might be hematite near surface and magnetite at Mayoko " extending to more than 300m below
    surface with Fe grades typically 32-36% Fe."
    Also 33% of rail/port infrastructure ( pay $45m by Jan ) + access rights.
    London mining said they expect to get their operating costs at Marampa under $29 / tonne and they are using trucks not railway.
    We/I can only guess at $ value , somewhere between 100 - 500 mil but i'm sure Mr Xstrata or Mr Mittal or Marius :) would only need half an hour to come up with a figure 5% - 10% either side of the REAL price.
    I suspect CFE is on someone's 'watchlist' and they are up to something !! and we all know it :)
 
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Last
5.9¢
Change
0.000(0.00%)
Mkt cap ! $64.98M
Open High Low Value Volume
6.0¢ 6.0¢ 5.7¢ $187.7K 3.159M

Buyers (Bids)

No. Vol. Price($)
1 9000 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 249142 2
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Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
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