Should be also interesting for the CFE holders, asked about drilling results for FE via mail.
Received from German IR DGWA , translated with google:
"Dear friends and shareholders,
We pursue a very open and transparent investor relations strategy with all companies we represent. In contrast to the usual promoters, which usually advertise mediocre stocks with superlatives and three- and four-digit performance goals, we invariably communicate facts and comment on them, if we deem this to be sensible. Furthermore, we give our investors an idea about the expected and possibly price-sensitive next steps (roadmap). For exploration companies in particular, these are usually drilling results or independent analyzes (Research, PFS, DFS, etc.).
In all cases, we are dependent on the time of publication by third parties - and you as investors are always curious as we are on the results. So if we announce the expected dates, then these are based on the statements of the respective authors or the drilling teams and laboratories and like these "Best Case" scenarios out, which can be delayed again and again - to their AND our displeasure.
In the case of the expected drilling results at FEL, the release depends on the African drilling crews and laboratories - and thus on the general circumstances in Africa. Therefore, it should be decisive for the investors, that again and again new facts create (and not only bubbles form then as often in the industry) and the statements of the management are in principle loadable - a few days or few weeks delay with individual steps are always calculate when setting up a mine.
Specifically, FEL currently drills both the copper and cobalt contents in the DRC projects. FEL has already released the first very good copper grades (including unexpected cobalt concentration) and will continue to release more holes from this zone this week. The cobalt contents are also published, as well as these are available to us. Delays or no publication wg poor results is excluded according to the ASX regulations.
In own thing: The DGWA represents all companies of the Cape Lambert Group in German-speaking Europe, exclusively. This means that all third parties who write about these companies do so at their own discretion. Since all of these stocks are in the top 20 of the big boards, there are of course some who want to comment on these companies to sell their paid stock market shares - we see this as a compliment on the one hand, but warn on the other hand before EVERY "expert" who takes money for his "ideas" ...
