G'day dajarra4,Great research on Sierra Leone and Tonkolili. You...

G'day dajarra4,

Great research on Sierra Leone and Tonkolili. You are an extremely valuable member of the CFE family.

Now if the Chinese are paying $1.5 billion for 25% of Tonkolili AND CFE has the rights to 30% of the railway --- here is my question??? What does THAT make Marampa worth if they prove up a billion or so tonnes of IO?

Forget about the IO !! What does that make the infrastructure rights worth?

I believe Sellier mentioned that CFE needed about $45m of the Lady Annie $135m to pay for the railway at Marampa.

This must put Marampa up there with the big boys. If Tonkolili is worth $6b to the Chinese, then let's put a conservative 10% on Marampa --- [drum roll]

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$600 million. Okay -- give or take a million.

Cheers and thanks again,

doomdog
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PS -- CFE market value at close today is 625ms x .34 = $212,500,000.00 AND the CEO bought another million shares today!

ahaaa!