CLE 0.00% 0.1¢ cyclone metals limited

The rail line can carry 11Mt/year at capacity ...mmm yummy...

  1. 143 Posts.
    The rail line can carry 11Mt/year at capacity ...mmm yummy royalties

    CFE aquired DMC for 32m according to this valuation on the CFE website. It however already had 36.2% share of DMC which puts its value prior to CFE acquisition at about $47m. With the sale being $83m + royalities... well you can do the math

    Those same valuation reports estimated Mayoko to be at roughly $110m (mid range est) which will be achieved in roughly 3yrs with the rail running at capacity
 
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