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This stock will probably be the next iron ore play. CNFA lot of...

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    132 Posts.
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    16/05/08
    13:58
    Post #: 3724348
    This stock will probably be the next iron ore play. CNF

    A lot of interest coming in for overseas and a very good IO project in South Africa. Top 50 control 75% of the stock with only 163m shares on issue. They should have results out shortly on the initial drill and I believe there is a broker report due out soon.

    Potential market cap short term around $50m from what I have calculated.
    ABS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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