CLE
Click for more information
0.00% 0.1¢ cyclone metals limited

jindal steel close to buying $2 billion africa

  1. onthenose
    469 Posts.
    lightbulb Created with Sketch. 38
    clock Created with Sketch.
    19/10/12
    20:40
    Post #: 10886916

    Doubt it is Marampa.. However has been very unusual trading and high volume last few days.



    Still shows interest in West Africa which is posotive for CFE. !!!


    Jindal Steel & Power Ltd. (JSP), India’s second-biggest steelmaker by value, is close to acquiring an iron ore project in West Africa for at least $2 billion as it seeks raw material to feed its factories at home and in Oman.

    http://www.bloomberg.com/news/2012-10-19/jindal-steel-close-to-buying-2-billion-african-iron-ore-mine.html
    CFE Price at posting: 27.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ITM Fast-track assaying yields 182 g/t gold for iTech at new NT play
right-arrow Created with Sketch.
AWJ Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance
right-arrow Created with Sketch.
A1M Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise
right-arrow Created with Sketch.
NEWS Finding properties tenants will want to rent
right-arrow Created with Sketch.
NEWS The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?
right-arrow Created with Sketch.
SXE SCEE boosts Synergy deal by $50M for Collie battery project
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
(20min delay)
Last
0.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $10.47M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $53 53K
CLE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.