CLE cyclone metals limited

why is marampa apparently more valuable?, page-3

  1. 317 Posts.
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    Yeah I agree, he does have a very good track record. Bought Cape Lam for 20m, spent 50 and sold it for 400 (assuming the 80m comes through). However, the question still remains, he bought 65% of Marampa from Timmis(?) for 31m in equity. Now he is promoting it as being worth 500m. I would like to know why the large discrepancy. Timmis is no mug.

    Obviously it is very difficult for me to value a project like this, not having the expertise. But what was paid for the asset, and what similar projects have sold for should still form the basis of a valuation.

    Can anyone explain the discrepancy between the valuations of Marampa and Mayoko?

 
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Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $57.96M
Open High Low Value Volume
5.3¢ 5.5¢ 5.2¢ $17.52K 326.1K

Buyers (Bids)

No. Vol. Price($)
5 181163 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 533138 5
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Last trade - 15.49pm 07/07/2025 (20 minute delay) ?
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