CLE 0.00% 0.1¢ cyclone metals limited

Ann: Marampa Fe Project stake lifted to 100% via , page-42

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  1. 872 Posts.
    lightbulb Created with Sketch. 14
    re: Ann: Marampa Fe Project stake lifted to 1... Yeah, and when CFE shares were at $18c the NTA was a lot lower. The sp seems to have been roughly 50% of NTA for a long while.

    The sp can have a great increase when the NTA increases dramatically as we have seen combined with the SP closing the gap on the NTA percentage wise.

    When will this happen, I don't know, but if TS keeps doing great things (Leichardt in particular looks like another great deal, too hard for me to say irt Marampa) then it should happen sooner or later. (a good IPO of QCopper will help too)

    Personally I agree early next cap return plus maybe small 10% buy back. Hopefully shares will be much closer to $1 by then!! :)

    Good Luck guys!
 
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