CLE 57.9% 3.0¢ cyclone metals limited

African Minerals, page-28

  1. 4,900 Posts.
    lightbulb Created with Sketch. 181
    nvestment doctor says Tonkali mine is NOT profitable at today's prices...which tells me a lot. DSO and not profitable...must be less than 62% IO or the haulage (and bribes) are too high.

    But if they can't make a profit...where does that put CFE and Timis? This is the crucial question...and we need some input from CFE on this .
 
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