CLE 0.00% 0.1¢ cyclone metals limited

$1 is a real target

  1. 6 Posts.
    Firstly, I would like to congratulate the CFE team as their are many unsung hero's in this game.

    I like the business model CFE have adopted with their commitment to being in a healthy cash reserve position. This coupled with the sale of assets and the purchase of hot commodity items including, Iron ore, Manganese, Copper and oil and gas, will secure CFE's future in a bull and bear market.

    With the above in mind and the committment demonstrated by the board so far, I believe a $1 target is iminent.

    My short term estimate is 85c with a long term consolidation above $1.
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.