Don't quote me on this, running of the phone between Christmas and New Year. But! Tony has 66mil shares in CFE would have taken a hit of 1.3mil loss through the 2c divi. Pushing Iron Ore aside when BHP actually hit $13. The divi that got indefinitely suspended, i've written down as a loss but if it pops it's head up again then 'Bonus'. We actually have something that looks like it will work. They have taken their time working through due diligence, protecting their involvement in the Congo. Which sounds like a difficult place to work with. My guess is the prospect that went to FEL is some time away, drilling results only started and may need capital raising. Capital raising in FEL is better than CFE. Without rambling on it seems their interests in the smaller companies are coming together & share prices are going up. I have some comfort in the fact Tony has a large share holding in CFE which is his main company and the best will come last. Myself I would be too nervous to play the rises and falls because I don't want to be caught out, when it takes off
CFE Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
