CLE
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0.00% 0.1¢ cyclone metals limited

asset valuation

  1. Sellier
    1,756 Posts.
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    30/06/09
    07:21
    Post #: 5337223
    Just to give you guys a hint of what CopperCO assets were worth back in August 2008 and what an incredible bargain CFE managed to acquire:


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    Link : http://www.scrbmin.com/documents/527.pdf


    534 M$ NAV would effectively value CFE at 1.03 $/share.

    Unbelievable that CFE is still trading at 31c.

    Cheers
    CFE Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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0.000(0.00%) 		Mkt cap ! $10.47M
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