CLE cyclone metals limited
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The project has been purchased for $5m.. and yet it is been...

  1. deedee33
    2,012 Posts.
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    07/01/23
    06:28
    Post #: 65573195
    https://hotcopper.com.au/data/attachments/4950/4950682-de93fc2d3f0c3e4a90f28001c273b6f2.jpg

    The project has been purchased for $5m.. and yet it is been labelled "the largest undeveloped magnetite iron ore project in the world" rolleyes.png
    with an estimated 35 million spent on the project already???
    something doesn't add up here.. looking forward to doing some more in-depth research..
    Have to admit it does look interesting although as mentioned there will need to be a major consolidation.


    CLE Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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