CLE 0.00% 1.9¢ cyclone metals limited

marampa, page-3

  1. 3,666 Posts.
    Me too.

    I remember previous statements about when Marampa was planned to be sold - they have well and truly been and gone.

    Let's hope that that is TS cracking the whip on certain parties to make their best offer.

    The question is, if we are to take TS at his word on 2-3 years, then what on earth is CFE going to do with Marampa during that time? They don't have the capital to go into production. So ?... just keep drilling the thing?

    I hope this is Tony using the media to 'wave the sabre' at the buyers. If not, then that is a very valuable asset tied up for an even longer period. And from my perspective it should have gone up the foodchain already.

    Lets cut the very best deal we can on Marampa in a trade sale, get the cash, and be cashed up in 2012 for other grassroot bargains out there.

    Yaq
 
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