CLE 0.00% 0.1¢ cyclone metals limited

You need to substantiate your claim. Maybe this will...

  1. 3,134 Posts.
    You need to substantiate your claim. Maybe this will help.

    Capital:
    Share 282m
    Quoted options 131m
    Unquoted options 98m
    Fully diluted 511ms

    Value:
    MCC deal cash $400
    Tenement CEO estimate $350m
    Conversion quoted options $38m
    Conversion unquoted options $36m (approx)
    Total value $824m

    Value per share = $1.61

    =======================
    Comments:
    Looks like $3 is overly optimistic. $2 is a possibility given it has other assets not accounted for in the calculation.

    The value per share is currently heavily discounted by market, commodity cycle and MCC risks. IMO, $1.2 is achievable by the end of the year.
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.