CLE 0.00% 0.1¢ cyclone metals limited

On the 29th July 2016 we will get the latest instalment of the...

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    On the 29th July 2016 we will get the latest instalment of the CFE Quarterly report.

    We will get to see cash burn figures along with some cleverly buried bad news stories. Hopefully the Lithium deal is not one of these bad news stories, but as with all things Sage - silence means bad.

    Topic of focus
    * Cash burn until broke
    * Lithium reverse take over status - hopefully a positive announcement proceeds the quarterly.
    * CXU stake increase
    * Marampa lease holding plans.
    * Write-off Timis bad debts? Admit there is no hope in recovering the loan or the outstanding royalties.
    * Exploration returns.
    * Impact of Brexit on holdings - if any.

    Fingers crossed we have turned a corner.
 
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