Hi Yaq:
you said:
Kasper, do you think MCC's non-payment is related to Marampa, and/or Cape Lambert South?
"It is something many of us suspected, as we thought it may be used to try to put pressure on CFE. Otherwise, whilst CFE may have to wait for our $80m (or less) and we have an opportunity cost, MCC have a far greater opportunity cost on the $320m acquisition they can do nothing with.
If unrelated to Marampa, the dispute over the $80m seems like very odd thing for MCC to do."
From my point of view, we need to go for win-win if it is related to CLS. If we sell them CLS for 30M - 50M coupled with the repayment of trhe $80M then MCC can argue that they played hard ball and won a great deal in getting CLS cheap. On the other hand TS can argue the sale at below market was necessarry to expedite the issue.
Would think both parties would like to save face in this one especially if they are looking for bigger Marampa fish to fry.
- Forums
- ASX - By Stock
- CLE
- reminder
reminder, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $11.46K | 11.46M |
CLE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online