CLE cyclone metals limited

african iron, page-7

  1. 903 Posts.
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    Peter

    "The market" valued DMC at less than $45M just six months ago as DMC mining.
    CFE acquired it for about $35M

    Now,thanks to Tony's marketing and sales skills it's worth $97.4M to CFE (see my post previous post) and CFE still have exposure to any further upside and a royalty.

    According to your calculations the EV of DMC is now $161M
    It's not "the market" it's the marketer or more precisely the marketing skills of Tony Sage that have added all this value to DMC and CFE shareholders in such a short period of time.

    I do get your point of the future potential of AKI which is likely why CFE kept 120,000,000 shares.

    Comments like "CFE sold 75% of Mayoko for 47m" and "CFE sold it for 47m. About 75m gone in a flash" are very misleading IMO. CFE got $47M cash and 120,000,000 shares now worth 42c each so the deal is currently worth $97.4M to CFE. That's $50M more than you are implying.

    Anyway as you say onwards and forwards. Have a good weekend.
 
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(20min delay)
Last
6.1¢
Change
-0.002(3.17%)
Mkt cap ! $67.38M
Open High Low Value Volume
6.3¢ 6.3¢ 6.0¢ $109.5K 1.815M

Buyers (Bids)

No. Vol. Price($)
1 1995 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 260247 2
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Last trade - 14.21pm 18/09/2025 (20 minute delay) ?
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