CLE 0.00% 0.1¢ cyclone metals limited

If the Russians say no to the Sierra Leone deal then expect the...

  1. 1,057 Posts.

    If the Russians say no to the Sierra Leone deal then expect the following as a possibility.

    The deal will be dropped.
    The cash distribution will become 2 or 3 cash distributions to basically send almost all the cash back out to shareholders.
    The company is reduced to an Iron Ore explorer with good cash resource (say $20M)
    The war ends and everyone is basically happy
 
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