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Cape Lambert's Chinese investor buys 40 million options

The Chinese company that bought a 70 per cent stake in Cape Lambert Iron Ore Ltd's namesake project on Tuesday will sign it over to its sole beneficiary, Ding Liguo, after he agreed to buy 40 million options in the company from a third party.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
395thAzumah Resources-21%-5%
591stS2 Resources-48%
620thNorthern Minerals-51%-25%
790thCape Lambert Resources-75%-26%
726 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

62nd↑Cape Lambert Resources$11.3m
64th↓ATC Alloys$8.8m
65th↑S2 Resources$8.0m
69th↑Northern Minerals$4.5m
70th↑Azumah Resources$4.4m
509 listed resources companies ranked by revenue.
Source: Morningstar

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