Capital raising is coming - even mentions the monetisation via IPO, probably in the JVco listing on the ASX.
I am still concerned they keep banging on about being great at delivering value and go on about the dividends made on lucky deals 7 to 10 years ago. What have you done for the shareholders lately? (the 2014 dividend was from a withheld payment of the previous deals)
If anything, I think this company presentation reduced my overall confidence in the Cobalt play as been anything more than a spin-off and forget play where the directors take their fees and return nothing to shareholders. But we still hope that this isn't the case.
CFE Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held