Back to the facts - 12 month to production, page-43

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dmgto

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16/08/18

08:56

Post #: 34967760
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Originally posted by theraven ↑

The CFE leadership team makes more off directors fees, bonuses to their consulting companies and paying themselves rent on their properties than they invest in this.

People wave their hands in the air all the time that TS has invested his own money in buying shares - which gives it media that he wants but it is only a fraction of the money coming to him from the CFE bank accounts. Mueller bought recently and they got their cheap articles but in reality it was only $15,000 or so worth, hardly breaking the bank on it.

While still trying to maintain a positive outlook on this, the only mining that TS has done .... ever is shareholder value.

From the 2017 annual report
"The term of the Lease Agreement is 1 April 2012 to 31 March 2020 with an option to extend. The lease is based on an area of 1,148m² at a rent of $459,200 (excluding GST) per annum" -
CFE is paying Oakwood Pty Ltd $3.6M over 8 years which is about 30% over market rates for that area.
Plus the 700,000AUD salary for CFE 300,000 for CXU and FEL or $8M AUD over the same period -

So tell me - based on this, can you honestly tell me his 9.3% holdings is nothing more than security for control?

Cmon Offtake agreement!!!

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Mueller bought $34,000 worth of shares. 500,000 at .038 and 500,000 at .034. Makes me wonder how accurate any of your other figures are!

CFE Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Back to the facts - 12 month to production, page-43

Top Stories

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Sales growth pushes Lovisa's fortunes (and shares) upwards

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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