Yes, definitely not for the faint hearted, but as per most speculative stocks, high risk can equal high reward.. let's not forget Sagey controls 9% or more of CFE stock which ensures he has skin to care, CFE has >$6.8 mill in ASX assets if needed for cash top up, as well as stating something I believe important in the recent Proactive Investors article that Kitwe Zambia may be sold as a pure Copper asset (over 17 mill tonnes tailings from memory).
As per Tony Sage CFE announcement "I am confident that financing and offtake agreements can be finalised in the very near future.I am also encouraged by the offer received for an EPCM contractor to fund the building of the leaching plant, which presents an alternative option to getting in to production, so I look forward to receiving their proposal".
Hopefully that statement means before mid-December by your calculations, theraven but personally I believe that interested parties / financial partners will already have enough information by now from the drill hole analysis to make a determination and then near term offer, otherwise another share placement for funds. A finalised resource estimation will be nice to see though.
I'm also encouraged that there could be up to 5.6 mill tonnes at Kipushi (conceptual target), which is more than the 4.7 mill tonnes originally announced. Could mean 5 years instead of 4 years mining there. A little disappointed that Kitwe is Copper only and not much Cobalt but lets hope FE Kasombo Cobalt proves key to anything later term.
Good luck to all invested.