re: Ann: Marampa Fe Project stake lifted to 1... Hi all,
I was wondering why CFE didn't exercise the option. It seems I have my answer. To me, this news from left field (was expecting a Lady Annie related announcement) semms exceptional, although always happy to listen to chinks in my reasoning. If the price tag for 35% was about $115m, presumably the price tag for the lot would be sbout $330m. That's about twice as much as Lady Annie, which was supposed to be the major asset! Further, the article that was posted recently quotes Sage as saying the Chinese (MCC) are "looking at it as we speak" or words to that effect. Thoughts anyone?
Peter
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