Ok we do cash on delivery for the CHinese with a 10% discount
CFE has to meet the market. We can not dictate prices
When I first invested in CFE during the GFC it had close to $250 million
Now CFE is asset rich but the market is having difficulty valuing the projects it has
If CFE management were smart if he would have offloaded a few more assets while times were good. But he was buying Pinnacle and playing hard ball with Marampa IMO
Given the fact that African Minerals is a success and London Mining is getting noticed these assets CFE has will be worth something.....someday
CFE Price at posting:
27.0¢ Sentiment: None Disclosure: Held
