CLE 0.00% 0.1¢ cyclone metals limited

Or we can just wait until the institutions make the call which...

  1. 1,009 Posts.
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    Or we can just wait until the institutions make the call which is bound to happen.

    There is little to no chance that Marampa London mine will recommence under Timis, he has burnt bridges and gone into hiding.

    From a previous post it was identified that Timis got hold of the operation on the basis that he took on the London Mining debt as well which was in the 100s of millions. Assumedly these are the institutions that they speak of.

    This is nothing new for Timis, his history is littered with similar instances.

    Best we can hope for is that the Chinese want to buy both Timis and our Marampa leases - which in this market does not look likely to happen.
 
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