CLE 0.00% 0.1¢ cyclone metals limited

There is absolutely no chance that dividend will get paid unless...

  1. 143 Posts.
    There is absolutely no chance that dividend will get paid unless cfe lands on new cash.

    If it pays it out now, it will only have enough money to pay employees for 6 months.

    Money owed from timis loan is a wild card (as with almost any loan from other companies these days ) and can be extended or never repaid. Money from royalty is halted and there is no reason to assume restart within the short term.

    It will also need every dollar to put in a reasonable bid for aml cfe shares. If this is possible it will most likely need shareholder approval. #1 priority for him imo.

    For your sake I hope you're not still waiting for a $2 price target
 
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