CLE 0.00% 0.1¢ cyclone metals limited

massive upgard of resource , page-21

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    http://www.businessspectator.com.au/bs.nsf/Article/Cape-Lambert-plans-London-bourse-spin-off-JJD4Z?OpenDocument&src=hp6


    Tony Sage?s Cape
    Lambert Resources is mulling the possibility of listing its Marampa iron ore asset in Sierra Leone on the London Stock Exchange, in an IPO potentially worth about $500 million. The bullish IPO estimate comes as Cape Lambert confirmed a 680 million tonne resource at Marampa, much higher than the 500 Mt minimum required by the company for a float. However, Sage has not ruled out the possibility of a trade sale.

    Start of the publicity machine?
 
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