Seems like quite the sneaky play this whole time with every...

Seems like quite the sneaky play this whole time with every announcement stating that CFE has a 50% interest in the Kipushi JV, but neglecting to say that the Kipushi JV only owns 70% of the Kipushi tailings!
According to the DRC mining cadastre the license 12347, which is only part of the total tailings dump is 100% owned by Gecamines! The balance of tailings dump (licenses 12349 & 12350) is owned by Kipushi Corporation Ltd 100%... 
So this whole time they appeared to have owned nothing and their JV partner owned nothing! WOW!

While we're on their projects, this quarterly says that the completion of the Kitwe tailings was conditional on satisfying certain conditions. Having a look back at the announcements, the conditions were making certain payments to the vendors which, according the CFE, were supposed to have been done around November 2018. I'm surprised there hasn't been any announcement about the time to satisfy the conditions being extended so CFE can pay the money... but then again they haven't been very good at announcing much this last 2 years!

IMO DYOR