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Cape Lambert settles $400m project sale

Cape Lambert Iron Ore Ltd has today completed settlement of the $400 million sale of its namesake project to China Metallurgical Group Corp as it receives the first payment of $240 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/19

1 year TSR5 year TSR
21stCarnarvon Petroleum197%36%
303rdAzumah Resources-4%-13%
637thS2 Resources-51%
692ndCape Lambert Resources-60%-24%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/18
$16k Bought
19/10/18
$10k Bought
25/09/18
$11k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↑Cape Lambert Resources$11.3m
64th↑S2 Resources$8.0m
65th↑Carnarvon Petroleum$5.0m
67th↑Azumah Resources$4.4m
68th↑Zeta Petroleum$4.1m
485 listed resources companies ranked by revenue.
Source: Morningstar

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