CLE 0.00% 0.1¢ cyclone metals limited

marampa latest, page-4

  1. 5,750 Posts.
    lightbulb Created with Sketch. 421
    Anyway, I still worry sbout the Africa project.

    Following info points out Sierra Leone gov is only less than 10 years old. As $A drop 40%, the project seems not profitable anymore, even if 1+ billion resource there, it seems the value still less than $US 200 million in current market. CFE should seek many other bargains in our local market.

    quote: http://en.wikipedia.org/wiki/Sierra_Leone

    " Over two decades of government neglect of the interior followed by the spilling over of the Liberian conflict into its borders eventually led to the Sierra Leone Civil War,[10] which began in 1991 and was resolved in 2000 after the United Nations led by Nigeria defeated the rebel forces and restored the civilian government elected in 1998 to Freetown. Since then, almost 72,500 former combatants have been disarmed[11] and the country has reestablished a functioning democracy.[12] The Special Court for Sierra Leone was set up in 2002 to deal with war crimes and crimes against humanity committed since 1996.[13]"
 
watchlist Created with Sketch. Add CLE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.