Speaking with the company several months ago, it was their decision to terminate the contract with Ding after he requested a further month extension to come up with the lump sum payment.
Their goal was to establish a bigger resource in early 2008 before taking on another partner.
I questioned whether there would be other interested parties. The response was that they were multiple interested parties, but CFE wanted to prove up their resources first to sign on a much better deal than the Ding deal. Knowing this, I have bought some options recently in the bad days.
I have no idea when the deal will come, but going on past history, when the volume goes much higher than usual with no announcement, it will probably be the time - Trading Halt, then the announcement.
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- seems like a reasonable buy..timing important
CLE
cyclone metals limited
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13.7%
!
5.8¢

seems like a reasonable buy..timing important, page-4
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Last
5.8¢ |
Change
0.007(13.7%) |
Mkt cap ! $63.88M |
Open | High | Low | Value | Volume |
5.1¢ | 5.9¢ | 5.1¢ | $237.9K | 4.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 468865 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.058 |
2 | 66311 | 0.057 |
2 | 332322 | 0.056 |
1 | 20000 | 0.055 |
2 | 555185 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 468865 | 2 |
0.060 | 125183 | 2 |
0.062 | 194444 | 3 |
0.063 | 100000 | 1 |
0.064 | 116384 | 2 |
Last trade - 15.48pm 15/07/2025 (20 minute delay) ? |
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CLE (ASX) Chart |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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