Im with you Soarer, lots of haters on here!!! Clearly done some $$$ on CFE in the past. Tony Sage love him or hate him has the clear ability to complete a deal. I'm not sure why the knockers about him never becoming a miner when CFE's own website says they look to find deals and then flip them for a profit!!!
"Cape Lambert’s strategy is to acquire and invest in undervalued and/or distressed mineral assets and companies (Projects) and:
improve the value of these Projects, through a hands on approach to management, exploration, evaluation and development; and
retain long-term exposure to these Projects through a production royalty and/or equity interest.
Cape Lambert aims to deliver shareholder value by adding value to these undeveloped Projects. If Projects are converted into cash, the Company intends to follow a policy of distributing surplus cash to Shareholders."
Cant be more upfront than this
Tony has been pretty busy in the DRC and then China over the past week. He's not there for a holiday that's for sure!!! Obviously he cant say anything before an ASX release but people seriously read between the lines. He is talking direct in person to one of China's largest Lithium Cobalt battery cathode producers. All I can say is if TS manages to write a binding offtake agreement with even some sort of funding attached to take Kipushi to production then this stock becomes a 15 cent stock. Upside massive - down side minute in comparison.
IMO DYOR
CFE Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held