CFE 0.00% 0.2¢ cape lambert resources limited

Save your Christmas dollars., page-16

  1. 524 Posts.
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    TOTALLY Agree Soarer!!!!!

    CFE's stand alone value for their Kapushi project with the value of FEL and EUR removed is around the $33 million mark see below

    Column 1 Column 2 Column 3 Column 4 Column 5
    0 CFE value        
    1   SP - ASX MC cfe ownership $$ Shares on issue
    2          
    3 EUR $ 0.20 $ 89,115,000.00 $ 12,948,409.50 457000000
    4 FEL $ 0.04 $ 12,599,000.00 $ 5,626,713.40 293000000
    5 CXU $ 0.04 $ 11,515,000.00 $ 1,834,339.50 329000000
    6          
    7       $ 20,409,462.40  
    8 CFE VALUE      
    9   0.065 $ 54,145,000.00   833000000
    10          
    11          
    12 CFE Stand alone value $ 33,735,537.60  

    As you said there are plenty of junk Cobalt and Lithium plays with tripple the MC with NO chance of producing. 19.5 cent would give CFE a MC of 100 million for Kapushi certainly not out of the question especially with a funding / off take announcement.

    GLTAH
 
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