"
As for the Sierra Leone project and the major shareholder involved, well didnt someone post here earlier that he had infact sold his holding in cfe?"
I believe CA Fiduciary is Frank Timis ... so he still holds ~10%, after selling down from ~14% at 35 cps early last month.
Presumably he still has substantial influence on what the company does, including where the extra money goes to.
Not a comforting thought knowing Timis's past, but at least it appears the market's factored this in already because of the discount to cash the CFE shares are trading at?
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