CLE cyclone metals limited

7.58%

7.1¢

Ann: Iron Bear completes pilot pellet production run, page-30

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22/10/24

18:14

Post #: 76247175
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Originally posted by Beton2: ↑

I see that you are a holder and have a sell sentiment. You are not selling at $0.001. You cannot sell at $0.002 because of the blockage there. The 45M seller may be in the 'does not know bracket'. TS has to go soon. Not because he wants to but because he has to. He has stepped down from executive chairman to non-executive chair. He is the chairman of CRML and as such the SEC frowns upon the multiple chairs. He cannot afford to run foul of the SEC. TS may well stay as the EC of EUR, but he will have to give up all other positions. There are two new directors onboard, I would say one is there to step up.
With TS gone new directors, new chair and new money, and consolidation, this is a different ball game.
If this was a DSO project, they would be dreaming. The selling price almost equals the recovery costs. It is a DR pellet project. The $US65 premium almost covers the opex costs, with a 30 year mine life as it stands today.

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Hope you're right!
Also interested to see how EUR goes once it comes out of its suspension for lack of Financial Report ...

CLE Price at posting: 0.1¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 7.1¢		Change 0.005(7.58%)		Mkt cap ! $78.20M

Open	High	Low	Value	Volume
6.8¢	7.4¢	6.7¢	$620.7K	8.762M

Buyers (Bids)

No.	Vol.	Price($)
3	305040	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	265763	3

View Market Depth

No.	Vol.	Price($)
3	305040	0.071
3	153885	0.070
2	300000	0.069
3	317426	0.068
2	859698	0.067

Price($)	Vol.	No.
0.073	265763	3
0.074	200000	2
0.075	349253	3
0.079	8500	1
0.080	16000	2

Last trade - 16.10pm 25/07/2025 (20 minute delay)

CLE (ASX) Chart

Ann: Iron Bear completes pilot pellet production run, page-30

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Ann: Iron Bear completes pilot pellet production run, page-30

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