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0.00% 0.1¢ cyclone metals limited

TS mentioned at the general meeting that AM would be paying a...

  1. usexpat
    400 Posts.
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    05/04/10
    16:27
    Post #: 6533207
    TS mentioned at the general meeting that AM would be paying a royalty to CFE for transporting their iron ore over "our" tracks. Based on what he thought they'd doing that amounted to some 9 million dollars a year. AR does have to get a line up to their mine.
    My guess is we'll have sold out before this all eventuates.
    CFE Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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