Yep, a cool 27m fopr the coffers doesnt hurt.
Found this part of the announcement interesting.
"The Company also advises that through a series of negotiations over the Christmas/New Year
period, it has increased its stake in Pinnacle Group Assets Ltd (Pinnacle) from 26.2% to 35% at no
cost.
Pinnacle has exploration tenements covering 3,250km2, over a 150km strike length north and south
of the Pepel deep water port in Sierra Leone. Historic work indicates substantial prospectivity for coal
and iron ore within these holdings."
Tony must be pretty good at negotiating. Would love to be a fly on the wall and see how he works his magic. Either very persausive or he just has the right contacts...maybe both.
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- awesome...cfe sells non core assets for $27m
awesome...cfe sells non core assets for $27m, page-2
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