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57.9% 3.0¢ cyclone metals limited

Ann: Legal Action Commenced Against MCC , page-10

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  1. Budgie4
    363 Posts.
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    08/09/10
    10:52
    Post #: 7170599

    I think its highly unlikely that MCC will not pay up, considering MCC has just lodged plans the government to develop the Cape Lambert project at a production rate of 15 million tonnes a year. Failure to pay could jeopardise their plans.
    http://af.reuters.com/article/metalsNews/idAFSGE68401J20100905

    Could this be a attempt to deliberately lower SP for a take over by other parties ? Who knows, Tony said take over was a possibility at recent meeting.
    CFE Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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