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0.00% 0.1¢ cyclone metals limited

late announcement out, page-20

  1. Batman69
    331 Posts.
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    19/09/08
    13:17
    Post #: 4288070
    I just don't like the Sierra Leone deal. $45 million for a 30% stake.

    Where is the resource??

    3 diamond drill holes, some geophysics and an isolated metallurgy result.

    I expect Evraz will baulk at the project without something as tangible as a resource to work out the value of the deal.
    CFE Price at posting: 18.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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