CLE cyclone metals limited
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article re marampa, can you help?

  1. lormac
    280 Posts.
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    26/03/11
    13:20
    Post #: 8169236
    I have just read an article about Tony Sage's recent comments regarding Marampa in the Mining Weekly.com written by Esmarie Swanepoel and edited by Terence Creamer but I don't know how to make a link.(18/3/11)
    Basically, here is a quote -
    "Sage noted that the base case scenario, the Marampa Iron Ore project could have a NPV of around $1.37 billion and a Free-on-Board cash operating cost of between $58.50/ton and $63/ton of concentrate"
    The miner has previously reported that the Marampa project could be in production as early as 2012.

    Can anyone verify this and post a link, 'cos I can't remember seeing this in the Scoping Report?
    Thanyou.. Lormac
    CFE Price at posting: 57.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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