Hi Phogg,The next phase for CFE will indeed be interesting. I...

Hi Phogg,

The next phase for CFE will indeed be interesting. I can't remember which broker it was, but they regarded Mayoko (DMM) as being on par with Marampa, so I feel your 100m figure is conservative++. I doubt Saga would have been so keen on the takeover, if 100m was the ultimate sale price. I'd be expecting a figure closer to whatever Marampa goes for. Both have the resource & most importantly, the infrastructure etc.. BTW, with all the selling of late, I'm surprised we haven't had a change in substantial holding announcement. Have to wait & see, I guess.

Peter