CFE 0.00% 0.2¢ cape lambert resources limited

Ok. I have had time to digest this one and there some good and...

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  1. 784 Posts.
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    Ok. I have had time to digest this one and there some good and bad points.

    The introduction of SRK in my mind is a positive, the use of a reputable and sizeable (1600 employees) company to provide independent analysis would have to be good.

    A little concerned about the use of a hand held analysis device as a basis of an announcement but it is a start.

    What I would like to have an update on is.
    - Production timeline - we were told 6 months, this has passed with no update.
    - Plans for each of the areas, understanding of potential.
    - Realistic view of the offtake agreement, is this associated with the introduction of SRK - do the major metals traders want a realistic estimate of production capability.
    - How much money do we have left - the piggy bank will be rattling by now.

    Other news -
    Cobalt price is on the rise again after a month long dip.
 
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