CLE 0.00% 0.1¢ cyclone metals limited

Good Evening Viewers.Firstly, concerning the dividend,My...

  1. pjn
    123 Posts.
    Good Evening Viewers.

    Firstly, concerning the dividend,
    My contacts suggest dividend payment will arrive
    early to mid July.
    (Tax liability, if any, transferred to next fiscal year).

    Also,
    Below is the transcript from the FNN.

    "To company news around this morning: Shares in Cape Lambert Resources Ltd (ASX:CFE) closed up 2.53% on Friday at $0.405. China Sci-Tech Holdings Ltd has approved a $135 million acquisition of the Lady Annie copper mine in Queensland from Cape Lambert Resources. The company revealed earlier this month that it intends to make a return of eight to 10 cents per share to shareholders following receipt of the sale funds. Cape Lambert also plans to use some of the funds to ramp up its drilling program at the Marampa iron ore project and to start drill assessment of the Pinnacle assets, both in Sierra Leone, West Africa. Cape Lambert Resources posted a profit of just over $229 million for fiscal 2009".

    Thanks For Your Time.
    pjn
 
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