unless - the float....values the project at $500 million by raising $375 million to buy 75%. ($250 to cfe and $125 to remain in the company)...
that would value the 25% that cfe keep at $125 million. (375+125 = $500)hence the float only raises $375 (not $500m) of which cfe keeps $250million.
this makes more sense as i did not think cfe would be able to raise $500 million. $375 more realisic and still means that Marampa underwites the current share price.
ignores the $100 million in cash we have (post AKI), MCC money owing (maybe, the listed securities we own and the vast exploration assets in west africa.
very exciting stuff - let's get this one sold and start developing the next one.
- Forums
- ASX - By Stock
- CLE
- cfe in fin review - street talk
cfe in fin review - street talk, page-7
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $9 | 8.918K |
Featured News
CLE (ASX) Chart |