CLE cyclone metals limited

Yes, right @Chuxa - There's plenty of these companies to go...

  1. 1,871 Posts.
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    Yes, right @Chuxa - There's plenty of these companies to go around. I'd say, welcome to prospective mining!

    For the audience (not you directly)...

    Lesson learnt here is don't buy the show and tell. Anyone can afford a piece of land if using some body else's money. Ask for a PFS, or more importantly definitive value of the asset you're buying (or buying into). Without them, it's too much hopes and prayers.

    Case in point, what got me investing on EUR (not CLE) was because of the DFS... despite I've followed the company for years! In addition, the supply chains specific to lithium products not in existence literally have to be set up from ground up that junior companies play an important job - EUR plays a role in Europe (hint: BMW "big brother" ). Not only can you see the value (literally physically you can see the "white gold" ), you can picture and realistically create added value that can be "unlocked" eg. the asset progress to production.

    Investors don't sit around and wait for a pay out. Predominantly, successful investing goes by the mantra that you predict the future by making it happen. Can't expect a million dollar profit without even lifting a single finger. If not gunning for a million and just a couple of hundy dollars and you don't have the means, then follow those who do diligence. No single fund manager, not even bankers, invest or loan to a business without first completing due diligence, which includes physically visiting the assets - it is a mandated requirement for a reason. If/when they say "yes, shut up already and take my money and I expect a return" the likelihood is, sooner or later everyone else follows (even if sceptical at first often later finds out why we invested in the first place but by then it's too late or not as big of a return as would otherwise). Because investors don't sit around hoping and waiting... we protect our investments, or otherwise do something to ensure they grow in value. Throw the Board a bone, a connection in your network, a financial lifeline or a prospective customer... do something.

    CLE, no comment... other than a question - what's the value of an idle asset?

    Good luck to all CLE shareholders nonetheless. I hope and pray one of the company's assets gain value over time... but I wouldn't be waiting for Tony if I were you. He's busy on EUR.
    Last edited by BRProject: 20/04/23
 
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(20min delay)
Last
5.5¢
Change
0.002(3.77%)
Mkt cap ! $60.15M
Open High Low Value Volume
5.3¢ 5.6¢ 5.2¢ $46.88K 864.5K

Buyers (Bids)

No. Vol. Price($)
2 145827 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 112966 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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