CLE cyclone metals limited

cfe options look a certainty and cheap, page-11

  1. 3,648 Posts.
    Agree - my crystal ball says:

    1. MCC deals closes with $400m going to CFE
    2. CFE drills adjacent tenement and confirms 450Mt of
    magnetite IO at 40% FE
    3. MCC offers $900m for CFE tenement - CFE rejects offer
    3. Using $400m in pocket, CFE builds minimal infrastructure
    to mine and beneficiate IO to 60% DSO
    4. CFE gets contracts to supply IO to China, Japan and
    Western Europe, starts shipping 10Mtpa (DSO) @$100/t
    profit ($1B/pa)
    5. CFE sp rises to $20 (conservatively) in 2010.



 
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(20min delay)
Last
5.8¢
Change
0.007(13.7%)
Mkt cap ! $63.88M
Open High Low Value Volume
5.1¢ 5.9¢ 5.1¢ $218.1K 3.863M

Buyers (Bids)

No. Vol. Price($)
1 126885 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 818865 4
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Last trade - 15.40pm 15/07/2025 (20 minute delay) ?
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