Ann: Update on Cobalt Offtake and Funding Negotiations, page-52

I also believe that they have a strong portfolio, it is how they have historically treated the portfolio in dilution of shareholder to their own gain that is what I want focus on. Look back at the history of Quarterly reports and you will see the allocation of shares to their associates gradually that it pushes CFE off the books.

Yes - a lot of them have sponsorship deals in place. Very few have such deals with the clubs owned by Chairman on the business for well above market rate. Often these deals include corporate box in which to wine and dine customers and business associates - both of which are not in abundance around here.

My only requirement is that TS starts thinking of Shareholders and not funnelling money into his own pockets while telling everyone how good they are doing. 8 years since there was a good deal done, everything since then has been a run down of value to the business. Information time and time again has been incorrect, unacknowledged failures or wild exaggerations to complete the spin.

I challenge you - and I honestly mean this for my own curiosity.
What value does the FEL deal do for CFE beside keep FEL relevant on-market and TS in another pay check? Considering from ASX announcements that 4 of the 5 staff at FEL are CFE (or subsidiaries) , same offices etc.