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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cyclone metals limited
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Last
6.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.59M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 15033 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34 | 0.063 |
1 | 15968 | 0.062 |
6 | 318979 | 0.060 |
2 | 319000 | 0.059 |
2 | 540000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 33 | 1 |
0.063 | 45164 | 1 |
0.064 | 6558 | 1 |
0.065 | 70581 | 2 |
0.066 | 150000 | 1 |
Last trade - 09.58am 18/09/2025 (20 minute delay) ? |
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