CLE 0.00% 0.1¢ cyclone metals limited

buy now, page-16

  1. 428 Posts.
    I see two catalysts for the SP to go for a run. The first is the obvious - "Resource and deal confirmed and first payment made". The second would be further acquisition/s. Recall that TS has stated that they are currently "running the ruler over some seriously exciting projects". The Cape Lambert project was bought for $30m (I think) and a few years later 70% is sold for $250m. If the money from the deal is as well directed as it was with Cape Lambert, we may, in the future, be debating which one of CFE's projects is the bigger. Over the next two weeks or so though, I guess we just wait...tick..tick..tick
 
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