Ann: Kipushi Tailings Project Update, page-41

"As previously reported in the December 2017 quarterly report, the Company has been undertaking flotation testwork at the laboratory of Axis House in South Africa. Axis House produced sample lots of concentrates, grading between 10%-12% Copper and 1.8% to 2% Cobalt, that were dispatched to various traders for testing. Several traders have now indicated their interest in offtaking the concentrate produced and will soon provide indicative terms for a potential offtake agreement."

Hopefully we see an offtake agreement soon. There are plenty of large companies out there trying to secure cobalt supplies. I'm guessing CFE would be wanting some sort of pre-payment in their agreement to upgrade the processing plant, which will void any need for a CR.

Hopefully they keep working while we take 4 days off over Easter lol