CLE 0.00% 0.1¢ cyclone metals limited

email from tony re scoping study

  1. 156 Posts.
    This is an email from Tony I sent this morning and received the response this afternoon.

    Hi,

    I am a current shareholder of CFE and have a few questions regarding due announcements.

    1 - It was indicated the scoping study would be out early Feb. It is now early March and we have not heard an update. Are you able to give a time frame when we can expect this to be released?

    2 - The abnormal trading of equities that happened recently and was being investigated. Was there an outcome to the investigation?

    Thanks in advance for your response.

    Michael

    Tony's response:

    Yes the study is finished! It forms part of the data room for the buyers! 4 groups looking seriously! No specific announcement but will release some details!
    Irrational trading due to finalisation of buyback! It will recover!
    Tony
 
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