CLE cyclone metals limited

I appreciate your comments. My holding is very small in the...

  1. 2,296 Posts.
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    I appreciate your comments. My holding is very small in the scheme of things. I was prepared for a bigger stake but backed away. I brought in on the iron ore deal. Considered that the invested shares that they have could carried them to a point where they could do something. Since they have stated that all that they are going to do is kick a few rocks around to make the project juicy to sell off , they lost me. The common rail service has a maximum capacity of 18Mtpa. This means that they will need a drying process to ship all year round. Even then I doubt if they could get more than 6Mtpa allocation on the rail. Thus any production exercise will need a purpose built railway which would need at least 150Mtpa production to justify.
 
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(20min delay)
Last
5.8¢
Change
0.000(0.00%)
Mkt cap ! $63.43M
Open High Low Value Volume
6.0¢ 6.0¢ 5.6¢ $118.6K 2.031M

Buyers (Bids)

No. Vol. Price($)
1 23108 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 100000 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
CLE (ASX) Chart
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