So it would seem that I have a large window of time to get back in at a lower price. I think I have a lot of time.............................. Looking at the one year chart SP is predictable for sure. News UP and then a slow drift back down. That happen when the outstanding shares and options are in the area of a round Billion..................
Cape Lambert seeing ‘extreme’ interest from potential offtakers for Kipushi concentrate
Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.
The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia. A Pre-Feasibility Study (PFS) for the DRC project is due out in three months, with production expected to start within the year. Meanwhile, test results on a 50kg ore sample from the Zambia Project are due out in 2 - 3 weeks.
Looking at the one year chart SP is predictable for sure. News UP and then a slow drift back down. That happen when the outstanding shares and options are in the area of a round Billion..................
