Ann: Stirling Minerals completes $96million place, page-4

re: Ann: Stirling Minerals completes $96milli... Yeah I am pretty surprised there has been no action today. I would have expected to see some price movement upwards with that announcement. It was a pretty good deal for CFE shareholders, made a tidy profit with a nice 25% equity interest and a royalty.

Just wait until the sale of Marampa. I have very little doubt that Marampa is considerably more valuable than Mayoko. The access to the railway and the ability to bring the project into production while iron ore prices are still high make Marampa at the very least 3 times as valuable as Mayoko. Imagine what a 300m sale of Marampa would do for the CFE shareprice. However, the greatest risk with all the African projects is political