CLE 0.00% 0.1¢ cyclone metals limited

Sloanrunner said "At least the neighbours are doing OK"yes both...

  1. 500 Posts.
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    Sloanrunner said "At least the neighbours are doing OK"

    yes both London Mining and African Minerals are doing well. would be interested to know how CFE grades stack up to theirs. Does anyone know if they require beneficiation as does CFE ore? In the pilbara the ore is already shipping quality, ie 60+% compared to CFE marampa high 30s

    I still dont understand why African Minerals sold CFEs claim in the middle of their own. given the high cost of processing plant, why duplicate facilities? why didnt they just keep it themselves and process more or have a longer lasting mine. The only way it stacks up to me is that African Minerals flogged off the dregs, that would be mined last (if at all ) to a sucker ( ie Tony Sage...and by extension me :<( )
 
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