CFE 0.00% 0.2¢ cape lambert resources limited

So, let me see if I have this straight: - We have acquired a...

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  1. 178 Posts.
    So, let me see if I have this straight:

    - We have acquired a shiny new mineral processing plant and an interest in a couple of dung heaps in darkest Africa, apparently containing billions of dollars of the latest and greatest hot commodity, Cobalt - all at virtually no cost to the company
    - We have engaged a bloke, working out of a bedsit in London, to negotatiate an offtake agreement with one of the many global commodity companies begging for a piece of the action

    Meanwhile, back in the real world:

    - Tony Sage continues to extract annual 7 figure compensation from the company
    - Cash reserves dwindle to barely sufficient to keep the light bulbs burning for one more quarter

    Can Tony snatch victory from the jaws of defeat and deliver the mythical 100-bagger? Or will this be just another torn-up lottery ticket?
 
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