Ann: Market Update - Kipushi Project, page-4

Now this is interesting 4 SURE! Very Serious Points.

1. Does CFE expect that it will continue to have negative operating cash flows for the time being and, if not, why not?

2. Has CFE taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?

3. Does CFE expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?

4. Please confirm that CFE is complying with Listing Rule 3.1 and that there is no information about its financial condition that should be given to ASX in accordance with that rule that has not already been released to the market.

5. Please confirm that CFE’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of CFE with delegated authority from the board to respond to ASX on disclosure matters.