4CE 6.25% 1.5¢ force commodities limited

Ann: Response to ASX Price and Volume Query, page-66

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  1. 5,172 Posts.
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    Hi Guys , Ive finished accumulating now so thought it was time to do a quick post ( Got to learn to buy then post ) Lol
    My first post on 4CE was 8/8/17 ( 1 Year ago ) I sold just after at 5.0 . Not happening again 4CE 4.1.jpeg
    After three days at the African DownUnder Conference and spending time talking with AVZ and 4CE JV partner state mining company, Cominiere SA ( Undercover at the start ) until JB spotted the spy in the crowd Hahaha
    I came away from there knowing I had to invest in 4Ce , simple !


    The below really just did my head in , I had no idea who these guys were and what the Controlled


    Ill just repost my WFE post from last Week, take out Cobalt and replace it with Lithium ( Same Same ) its bigger and better in the DRC

    Morning guys as you know I spent 3 Days at the African DownUnder Conference , money well spent I can tell you ! The access these types of Conferences give you to officials from ( In my case ) the DRC was just astonishing. The who's who of DRC Cobalt , Lithium and Gold all attended , from mining ministers to leases holders , you name it and they were there ! Before you ask , yes i changed from board-shorts and thongs and put on the good gear to blend inLol

    Since I'm on the WFE ( 4CE ) thread ill keep this about Cobalt ( Lithium ) only , and let me say this a subject these guys a well versed in. A bit like sand on the beach to me I guess , walk outside and its just there. I attacked the supply issues right away , the Luapula Cobalt Processing Facility I obviously mentioned as my main point of interest. First things first , the officials i spoke with have all been there , they all know the plant from past and present times.

    1: High Grade Feed supply to the plant , is this a issue. Answer ( laughter ) not mine , theres ! High Grade Cobalt around the DRC Copperbelt town of Likasi is basically everywhere ( A tinny bit of research can easily confirm this ) The Plant sits on the Honey Hole of DRC Cobalt ( Same talk on Lithium )

    2: Is the DRC a safe place to invest . Short answer yes ,the DRC is on the improve at a very fast pace thanks in-part to massive Chinese investment in infrastructure and of course the renewed investment from many other countries in the DRC mining sector, Gold , Lithium and Cobalt especially .

    3: High Grade Cobalt ( Lithium ) in the DRC. Also meet by laughter and disbelief that I could ask such a silly questionLol. The overwhelming response was something like this . There DRC has the highest Grades on the Planet , the DRC has by far the largest reserves on the Planet. The ex DRC mines Minister quoted: Cobalt ( Lithium ) Grades you find in nearby Countries we have in our gardens in the DRC , we would not waste our time mining itInsert my nervous smile like I already knew that Lol ( Lithium ) just look at AVZ results ( Enough Said )

    4: Ethical Mining Practises. I have a very strong opinion of this as most would know , so does JB from my discussions over time. To a bit of surprise ( pleasant surprise ) this subject was 1st and foremost in all and any discussions that miners were having ATM in the DRC with Regulatory Authorities. Every DRC official I spoke with was highly motivated by the implementation of Ethical Mining Practises , I felt they had a real desire to improve there Country and the living conditions of the DRC people . Giant Tick for me there !

    4a: WFE ( Same applies for 4CE ) Ethical Mining implementation. Super important in securing leases and longterm agreements it would seem. This is where JB's presentation got interesting , I think he let a few things slip here with all the excitement in the room.
    : The leading international consultancy group to be appointed sooner than latter
    : The group consults to the (OECD ) Due Diligence Guidance for Responsible Mineral Supply Chains in Conflict-Affected and High-Risk Areas , Im sure he said helped write all the regulations for the (OECD )
    :
    The group is also working with Trafigura https://www.trafigura.com
    A few hints in the below announcement that made the above all make sense Lets hope I heard correctly !

    ASX ANNOUNCEMENT
    23 July 2018
    The Company is well advanced with the appointment of a leading international consultancy group
    to provide confidence to all its stakeholders, that its potential production of cobalt has been responsibly and ethically produced and addresses the significant and growing concerns from downstream consumers of cobalt, about the risks of cobalt production in the DRC being associated with adverse impacts.
    In this regard, Winmar will develop and implement cobalt sourcing and production practices that are aligned with relevant international standards, in particular, the OECD Due Diligence Guidance for Responsible Mineral Supply Chains in Conflict-Affected and High-Risk Areas (the OECD Guidance) and will ensure independent monitoring of performance and communication on responsible sourcing matters to key stakeholders. Winmar is committed to develop a traceable chain of custody systemthat enables ‘responsibly produced’ cobalt from Winmar’s operations to be tracked and tracedthrough the cobalt value chain to downstream companies ( Im assuming 4CE is going to follow the same route as WFE ) JB very serious about Ethical Mining

    5: Does anyone know Jason Brewer , John Boardman and there team. Well insert ( Laughter Again ) just louder To say both JB's are well respected in the DRC is a massive understatement , to say they have just ok (connections) is even a bigger understatement. These guys are number one

    I came away from the Conference supremely confidant in ( Not just WFE ) but all my DRC investments . The DRC officials made me feel very comfortable that the welfare of the people ( Ethical Mining Practises ) was a huge part of why they are happy to deal with Jason, John and all the team.

    Ps. After a few drinks ( family Pictures being shown ) and a bit more a a getting to know the DRC officials , I have a feeling I've agreed to take a trip to the DRC soon to meet everyones families Lol. Bring it on I say Never drink with anyone thats 1st language is French.


    Sorry one more thing , Ive asked PayDirt Media if the WFE 4CE and VEC presentations can be uploaded to Social Media , really well worth watching !

    Hope that was not to confusing guys , but buying into 4CE at these prices , 11c down from the high and after talking with the who's who of DRC Lithium Cobalt and Gold . To say I'm excited and happy ATM is a monster understatement.
 
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