I think this is a much more realistic expectation. I don't think the additional expansion of the resource is going to do much to the economics other than sure up the resource to indicated/measured. The limitation in the project is the logistics and how much volume can be processed. This 25% of $3bn would be a free carry loan by Vale for CLE Capex requirements to get the project into production. It might happen, but why would Vale spend billions for CLE to keep 25% when they can buy you out for a fraction of it?
- Forums
- ASX - By Stock
- CLE
- CLE - Shaping Up To Be The Next Fortescue Metals Group.
CLE
cyclone metals limited
Add to My Watchlist
0.00%
!
5.8¢

CLE - Shaping Up To Be The Next Fortescue Metals Group., page-241
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
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.34M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.6¢ | $118.6K | 2.031M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23108 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34482 | 0.058 |
2 | 99704 | 0.057 |
2 | 906366 | 0.056 |
5 | 300334 | 0.055 |
1 | 100000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 239 | 1 |
0.058 | 11135 | 1 |
0.059 | 100000 | 1 |
0.060 | 428328 | 7 |
0.061 | 200000 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
Featured News
CLE (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online