CLE 0.00% 0.1¢ cyclone metals limited

not surprised the assumptions in the scoping study were way too...

  1. 4,921 Posts.
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    not surprised

    the assumptions in the scoping study were way too bullish and has been presented like this so it looks good to the market

    but in reality nobody is going to value the project using pretax cashflows, an 8% discount rate and long term iron ore price of US$100/t

    so $300m isnt too far off the mark
 
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