CFE 0.00% 0.2¢ cape lambert resources limited

Ann: CFE secures A$7.5m funding to fast-track Kipushi development, page-14

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  1. 784 Posts.
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    This announcement talks about fast tracking production, very recently CFE did a capital raise through options exercise above market value. Based on these two points, I have questions. 


    1. What was delivered for the capital raising? From all reports we have an undelivered drill program. 

    2. The PFS detailed $40 Million for production, between this capital raise and the most recent 'investment', what percentage has gone to furthering the project towards production?

    3. Based on delay in Off-take, what is the production timeline now?


    In short, what is the true status of the company?


 
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