CFE 0.00% 0.2¢ cape lambert resources limited

Ann: $1m Sale of Mayoko Royalty Completed, page-3

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  1. 723 Posts.
    lightbulb Created with Sketch. 71
    If you had been around about 6 years ago, you would be aware that the royalties were once valued between $60 and $110m, but that was before the buyer of Mayoko (Exxaro) did a feasibility study on the mine and found that it was worthless - having paid $350m ($72m to CFE) for it in 2012.
    Last edited by The Mole: 19/02/18
 
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