CLE 0.00% 0.1¢ cyclone metals limited

royalty receipts , page-5

  1. 2,663 Posts.
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    Kasper:

    $70 mill US is about $78 mill AUS today which works out at almost 12 cents a share in the hand now. $10 mill a year works out at about 1.5 cents per share.

    I don't know if I'd prefer $60,000 in the hand now or $7,500 per year for the next 20 years?

    Oh that's right. I've actually got nothing right now so I'd just like something.

    BTW did you see that the Feds have raided the CFE office again today. They obviously didn't find what they thought they would find back in December 2012 when they raided it first time around. I wonder if TS was on the plane when it happened, or if he knows about it?
 
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