stirling minerals/african iron, page-4

I think that the important thing to remember is that CFE will have a 25 % stake in Stirling Minerals + an ongoing revenue stream from production royalties . If we add this on to the $ 57 million ( ? ) cash that we are going to get for the float , then the earlier estimates by Hot Copperites of $ 200 million worth of value for Mayoko may ultimately be realised .

Because if Stirling / African Iron shares zoom ahead as the resource is more fully JORC'd , then Tony can sell down his 25 % holding to take further profits ( as he did with Niplats , now Speewah Metals , SPM )

All in all quite a good deal , I hope .

I wonder if a similar concept will arise for Marampa ?