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I think the Mayoko sale at this stage is slightly concerning, I...

  1. mr3t
    262 Posts.
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    05/11/10
    16:30
    Post #: 7436298
    I think the Mayoko sale at this stage is slightly concerning, I would have preferred a sale to a group a bit more arms length.

    I only hope that the rebadged SMZ (African Iron) is a back door listing for insto's looking to invest from the investor briefings that just took place, that they will take big placements, and that they have plans to make it the Fortescue of Africa....and maybe pony up for some more CFE Iron Ore Asset in the process.

    Anyone have any further info or spoken to the company since the announcement?

    CFE Price at posting: 44.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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