CLE 0.00% 0.1¢ cyclone metals limited

strategic alliance chameloen mining, page-21

  1. 8,877 Posts.
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    Sage said he didnt know how much ILP were owed.

    Its not obvious CFE gave the money to CHM to pay ILP. They did it to get a share of Jack Hills if CHM win the court case.

    If chm dont win the court case. You lose.

    If ILP put CHM in recievership. You lose.

    If CFE can pay off ILP you have a hope. But how much is that going to cost CFE. 7 million 8 million or 'whatever'.

    How much is 'whatever'. CHM never disclosed to the market the ILP funding amounts.
 
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