Looked like a mexican standoff this morning as far as trading in CFE is going, buyers won and 48.5 almost taken out.
African Minerals went up 5% overnight in London trading so for me that is a positive.
Good point imspartacus regarding current interest in West African iron ore plays. The interest seemed to fizzle out pretty quickly after the US stock crashes, I mean even Sundance is still trading below the 50c Chinese quasi takeover number.
My thinking is even if we can get $250M for Maramapa we would be doing pretty well. In my view I can't see the Marampa IPO raising $600M+, which is what the new company will require. $250M to pay out CFE and the rest for mining capex - or are they going to borrow that ;)
- Forums
- ASX - By Stock
- CLE
- marampa plans 2
marampa plans 2, page-11
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
CLE (ASX) Chart |
Day chart unavailable