CLE 0.00% 0.1¢ cyclone metals limited

marampa latest, page-10

  1. 1,756 Posts.
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    Hi tokyo,
    time to update your signature ;)

    I will be able to check my E-Mails on monday regarding Tony Sage's answer.

    One thing's for sure, we should get some announcements re potential acquisitions, Cape Lambert South and the Evraz sale in the coming weeks and days.

    240 M$ cash can make lots of things happen in this environment. Particularly, when the company is valued at 80 M$ and another company could swallow CFE for zilch in case of a takeover.

    Happy to hold them as cash is king and CFE got no debts. Wouldn't want to be in a fmg with huge debts and market cap way above cash value.


    Cheers
 
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