CLE 0.00% 0.1¢ cyclone metals limited

volume, page-2

  1. 262 Posts.
    beat me to it Quackitis :)

    Yeah, lowest volume that i have on my records (only a 1 year view) , and by quite some distance.

    Its hard to see this going anywhere until the JORC announcement/upgrade.

    My understanding is there are still 4 interested suitors waiting on the results who are all expected to return to site next month post JORC, and then the bidding process will begin. (has anyone else heard this too?)

    Hard to predict as such when marampa will be monetised, but my feeling is its several months away yet and well into the next financial year. FWIW , i'm thinking August/September/October rather than june/july.

    Having said that, the JORC (assuming as good as expected) should be the price driver for the several months ahead and I don't want to get caught in an underweight position when these results *finally* come out.

    Kasper
 
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