What would be ideal for CFE is that they get their cash, which if it is 300million would be 2.5 x their market cap, have minimal mining costs with royalties etc and then they can start aggressively exploring their highly prospective tenemant between rio and fmg. If their is high grade haematite there well.................
Depending on how good the deal is will depend on how high this will run.
Last time the deal was with Ding and there was much doubt on his ability to fund it. This time they would have learnt from that - I hope.
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