CLE cyclone metals limited

African Minerals, page-7

  1. 211 Posts.
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    African Minerals own 18.36% of CFE. As well, they own the infrastructure necessary for Marampa to function as a producing entity i.e the rail link and port facilities. Whilst I am not suggesting that they are, or will, have to sell off Tonkolili, it is worrying - to me - that they are experiencing financial difficulties with their operation with the low price of iron ore. The Chairman of AM is Frank Timis who,in the past, has had a relationship with Tony Sage. This has been the subject of much discussion in the past.
    If AM is not able to recover and become profitable, then it does not bode well for CFE selling Marrampa in my opinion.
    Lagoz
 
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Last
6.3¢
Change
0.005(8.62%)
Mkt cap ! $69.39M
Open High Low Value Volume
6.1¢ 6.5¢ 6.0¢ $245.6K 3.873M

Buyers (Bids)

No. Vol. Price($)
1 94967 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 5312 1
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Last trade - 16.10pm 16/07/2025 (20 minute delay) ?
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