There is absolutely no chance that dividend will get paid unless cfe lands on new cash.
If it pays it out now, it will only have enough money to pay employees for 6 months.
Money owed from timis loan is a wild card (as with almost any loan from other companies these days ) and can be extended or never repaid. Money from royalty is halted and there is no reason to assume restart within the short term.
It will also need every dollar to put in a reasonable bid for aml cfe shares. If this is possible it will most likely need shareholder approval. #1 priority for him imo.
For your sake I hope you're not still waiting for a $2 price target
- Forums
- ASX - By Stock
- CLE
- March Quarter Royalty and Media Report
March Quarter Royalty and Media Report, page-11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add CLE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $1K | 1M |
Featured News
CLE (ASX) Chart |