CLE 0.00% 0.1¢ cyclone metals limited

what aki takeover would mean for cfe, page-11

  1. 5,336 Posts.
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    of course it comes down to price and what the risk of the resource being produced is (or what percentage)

    at $1/tn there would be an internal number that CFE thinks could be generated from this over a finite time period

    if someone offered say 40-60% of that number to extinguish the royalty, I would think there is a tipping point where the risk management says sell now regardless of what this does to a potential underlying income stream going forward

    no point owning the royalty if it (or part thereof) doesn't get out of the ground!
 
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