Really good detailed information about CFE contained in the bidders statement for COV released on Friday.
Talks in much greater detail about their prospects and assets than the summary presentation of the 20/07.
Loose ends include the sell down of assets acquired under the Copperco deal that the ASIC said either get down to 19.99% or make a full takeover offer on.
Many of CFE's assets include early stage exploration and development assets, which, may need to deliver some additional progress before the market as a whole sees the value.
Heaps and heaps of potential here and IMO the 20/7 Presentation (last page) leading the reader to value CFE at >$500 mill is still conservative...
Cheers
John
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