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CLIO Cape Lambert

12.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cape Lambert LSE:CLIO London Ordinary Share AU000000CFE0 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 12.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 12.00 GBX

Cape Lambert Iron Ore (CLIO) Latest News

Real-Time news about Cape Lambert (London Stock Exchange): 0 recent articles

Cape Lambert Iron Ore (CLIO) Discussions and Chat

Cape Lambert Iron Ore Forums and Chat

Date Time Title Posts
31/1/201209:45Cape Lambert Iron Ore1,213
03/10/200817:5950% dividend..?1
19/12/200610:57Cape Lambert Iron Ore Update.2
05/7/200610:13Cape Lambert1

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Cape Lambert Iron Ore (CLIO) Most Recent Trades

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Cape Lambert Iron Ore (CLIO) Top Chat Posts

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Posted at 21/12/2010 18:39 by okuta
Thanks Divina , spotted that the share price had hot 50c , great , thanks.
o/t what has happened to NTA ? Still holding and waiting , as with a few others.Glad GGP/GRL/CNR are showing signs of life , regards g
Posted at 05/11/2010 07:22 by okuta
Thanks Divina,good news and the share buy back to come , glad I never managed to sell out of these before they delisted in the UK.I'm just a lurker on the threads but see you on a few of these GRL,GGP,VML,CAZA , quite a few of them doing well.I suppose you are across in the US-helping driving up the price of gold ,thanks,and I'm in Oz at the moment and CFE get loads of mentions in the press here/thanks for that update,kind regards g
Posted at 01/2/2010 07:47 by divinausa1
price has crashed about 20% this last 2 weeks
Posted at 14/1/2010 08:12 by divinausa1
Iron Ore Prices To Rise 50% In 2010-11 - Merrill Lynch


SYDNEY -(Dow Jones)- Contract iron ore prices are set to rise by 50% to US$85.60 a dry metric ton for the 2010-11 period after a much faster-than-expected recovery in iron ore and steel markets, Merrill Lynch said in a note dated Wednesday.

Merrill's upgrade--from its previous forecast of a rise of 15%--is, so far, the most aggressive of the investment banks. While many other banks have recently hiked expectations, their expected forecasts are centering more on a 20%-30% price rise.

UBS, for instance, is currently forecasting a 20% increase.

Major iron ore miners Vale S.A. (VALE), BHP Billiton Ltd. (BHP) and Rio Tinto Plc (RTP) are yet to settle annual benchmark contract prices that come into effect at the start of the Japanese financial year on April 1 with major steel mills.

"Just as in 2005 and in 2008 when prices went up 71% and 65%, respectively, we expect iron ore prices to significantly surprise on the upside," said Merrill Lynch.

For the 2009-10 period, benchmark prices were cut 33%.

Spot market prices are currently trading about 80% above contract prices, indicating tight supply.


-By Elisabeth Behrmann, Dow Jones Newswires;
Posted at 11/1/2010 06:51 by divinausa1
Should get a nice high price for its Marampa iron ore project in Sierra Leone :-)
Posted at 29/12/2009 18:21 by pelleeds1980
Cheers chartsmart just got this yes I was referring to the old CLIO shares - held with a non ASX broker (Halifax) now moved to TDW will call them tomorrow
Posted at 23/12/2009 11:31 by pelleeds1980
Got this transferred to TDW now - its showing up in my portfolio with ticker HM5 which it doesnt recognise and its in the Euro shares category and not UK.

The text says Cape Lambert so not sure if I need to call up and sort it. Can anyone confirm the ticker for this is it still CLIO and in the UK holdings?
Posted at 30/10/2009 20:33 by ianbrewster
Chinese eyeing Cape Lambert mine

AAP

Chinese parties are eyeing Cape Lambert Iron Ore Ltd's Lady Annie copper mine in Queensland that the deal-focused miner expects will be among several asset sales by Christmas worth about $430 million in total.

Chinese firms are also interested in Cape Lambert's 35 per cent-owned Marampa iron ore project in Sierra Leone, executive chairman Tony Sage told a briefing in Perth on Wednesday.

"I can tell you right now, we've got three Chinese groups crawling all over Lady Annie," Mr Sage said.

"We've got three Chinese groups crawling over Sierra Leone trying to buy either the (African Minerals-owned) Tonkolili asset or the Marampa asset.

"I know they're in Cameroon talking to Sundance. They'll be in our (doorstep) very shortly."

Mr Sage said Cape Lambert expected to receive at least $150 million in cash from the Lady Annie sale.

The mine, which was expected to bring in more than $1 billion in revenue at the height of the copper price boom, was acquired by Cape Lambert for a mere $80 million from the collapsed firm CopperCo in May amid depressed prices for the commodity.

"We've gone out and marketed this operation and had two offers, but the best process for us is an IPO (initial public offer) process," Mr Sage said.

"We get to retain an interest ... of five to 10 per cent .... mainly for tax reasons.

"I think we'll be pretty safe raising between $200 million to $250 million but that's all dependent on doing a full bookbuild on our next roadshow."

Mr Sage said the company expected to receive $US100 million ($A114 million) for its stake in Marampa.

"What did it cost us? $2 million," he said.

"I think something will happen before Christmas on that one."

The company's other assets will be proved up to make them attracted for acquisition, then offloaded at presumably a substantial profit.

Mr Sage said the market was now aware Cape Lambert wanted to be a mine developer, not a miner.

He said the company was producing copper at Lady Annie because stockpiled ore could be processed with minimal effort.

"We're doing that just to cover our holding costs," he said.

"I've always vowed not to be a (mine) operator."

Mr Sage said a $50 million dividend would be paid to shareholders in the March quarter, subject to the sale of Lady Annie.
Posted at 08/9/2009 20:26 by stemis
Broker note from Patersons which values CLIO at Aus$563.5 million on a sum of the parts basis.



Current market cap is Aus$223 million.

Certainly can't accuse CLIO of resting on its laurels.
Posted at 27/6/2008 09:51 by divinausa1
market does not like the rns today Notice of Meeting-General Meeting of Shareholders (Cape Lambert Iron)?

As Ore prices sky rocket clio share price dives ho hum
Cape Lambert Iron Ore share price data is direct from the London Stock Exchange

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