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 :)
- Forums
- ASX - By Stock
- CLE
- why is marampa apparently more valuable?
CLE
cyclone metals limited
Add to My Watchlist
0.00%
!
5.9¢

why is marampa apparently more valuable?, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
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($) | Vol. | No. |
---|---|---|
5.9¢ | 249142 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 0.056 |
1 | 200000 | 0.055 |
3 | 394215 | 0.051 |
4 | 255000 | 0.050 |
2 | 237028 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 249142 | 2 |
0.062 | 200000 | 2 |
0.063 | 588557 | 2 |
0.064 | 340312 | 3 |
0.065 | 300000 | 2 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
Featured News
CLE (ASX) Chart |