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March Quarter Royalty and Media Report

  1. Punishment
    2,272 Posts.
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    21/04/15
    15:46
    Post #: 15127747
    One Sierra Leone local news paper reported Timis Marampa mine exported 1.5 million tons from November  2014 to March 2015.
    CFE received $0.4 m(if it is Australian dollars, it is for less than 0.2m tons iron ore exported) for last December Quarter.
    Today CFE announced the March quarter royalty to be U$1.4m(for 0.7m tons).
    There is 0.6m(U$1.2m) tons difference in export quantity between media report and CFE announcement.
    IMO,it needs to be investigation.

    http://awoko.org/2015/04/11/sierra-leone-news-timis-mining-to-start-payments-rehiring/
    CFE Price at posting: 3.9¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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