buyback a failure, page-3

Meh, easy to say with hindsight. This story still has more to play out and I think in the next few months, the buyback will prove to have been astute.

I am more concerned about the tardiness in releasing the Marampa scoping report. The uncertainty is probably what is dragging the sp down and thus making the bb look ill conceived.

I am still happy with my substantially overweight position. Next week I will be adding all the assets from the copperco transaction (including the listed ones) to see what sort of a return CFE has made on these assets. I suspect it will almost be equal to the mkt cap of CFE.

The business model is very profitable, the market doesn't like it because it is also uncertain.