CFE 0.00% 0.2¢ cape lambert resources limited

Ann: Appendix 3Y - Stefan Muller, page-5

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  1. 784 Posts.
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    I don't know why people buy this 'skin in the game' thing when dealing with such small volumes. Overall he would have outlaid less than $20,000 for this parcel, Tony has done it in the past.

    Spends a (very) small percentage of his what he is taking from company in salary and bonus' then makes it into a big announcement that he has confidence in the business - cheap advertising of the shareholding and false bump in the share price.

    Shrewd for personal wealth, yes. But no value to the rest of the shareholders.

    Give me an off-take agreement of 60K+ per tonne of cobalt (cobalt price is creeping up again while everyone is sitting on their hands for 3 months waiting on next announcement.) Or buy 50,000,000 shares and we will be friend Stefan.
 
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