Nice increase in volume today and close around 0.038 AUD in germany! Stefan Müller told the following through his DGWA newsletter:
"DGWA RESEARCH UPDATE: CAPE LAMBERT RESOURCES
Dear shareholders,
As part of today's announcement regarding the continuation of the Kipushi Copper-Cobalt Project, DGWA classifies Cape Lambert Resources Limited as "Buy" (target price US $ 0.15 plus X).
HIGHLIGHTS
The Kipushi Copper-Cobalt Project is highly profitable
DRC specific issues are negligible
No operational risks from the mine operation (no mine)
Massive undervaluation of the project in the CFE portfolio
Timely dividend ability
Further potential from the other CFE investments"
CFE Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
