CLE 0.00% 0.1¢ cyclone metals limited

buy back support removed, page-23

  1. 1,598 Posts.
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    At least you put "IMO" after your statements. Otherwise one might get a feeling you are running a vendetta against Mr T Sage.

    I am in CFE because of Mr Sage AND because it currently looks cheap on paper. There is some risk attached with the couple of court cases/challenges and of course the iron ore price but they have a good group of assets that could easily be turned into some good cash when the time is right.

    The policy/aim of returning excess cash to shareholders is a bonus as far as I am concerned and IMO Mr Sage is doing a damn fine job.

    Now if only the market would realise it then I'd have some good cash to back up my opinions.

    Oh well, I'll stay strong and see where it leads. :)
 
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