CFE 0.00% 0.4¢ cape lambert resources limited

massive buying opp.

  1. uio
    285 Posts.
    There will be longer term holders looking to exit coupled with people who are wary from the way the last deal fell through.

    Not many will realise the difference between a company like MCC and Ding. (MCC as I understand it has close ties to the Chinese govt. and is already invested in a mag. project in WA)

    There is a very low chance of deal failure given previous DD was successful even before the further beneficiation success to lower silica levels. There is also a very high chance of a speedy settlement given MCC already have an interest in a magnetite project in WA.

    My opinion, buy now for cash value as the deal settles.

    That would imply around 80 to 90 cents safely fully diluted including oppies which are so far into the money they will almost certainly be exercised.

    Just my opinion

    UIO
 
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