NZC 3.57% 27.0¢ nzuri copper limited

NZC ta chart, page-136

  1. 1,256 Posts.
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    As a former Cape Lambert director and DRC expert Brewer was for sure directly involved in the acquisiton of CFE DRC cobalt projects Kipushi/Kasombo.

    These two projects (supposedly with a functioning processing plant) are splitted today between CFE and FEL.

    Both companies have a marketcap of around 40 Am$.
    Without CFE Investments (e.g. EUR) and cash these DRC projects are valued around 15-20 Am$.

    The times have not improved since CFE/Brewer acquired these projects, DRC partners will claim a higher stake in these days.

    With this in mind current WFE marketcap of 55 Am$ is crazy....
 
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