CFE 0.00% 0.2¢ cape lambert resources limited

Ann: Update on Cobalt Offtake and Funding Negotiations, page-92

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  1. 784 Posts.
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    Excellent post - good content that backs up your sentiment. A year or more of one line posts from a lot of posters on here that say simply 'This one is about the take off - 10 bagger', this is level of detail and due diligence is a refreshing change.

    We are assuming a lot from a trip to London though, it could be equally likely that he is going with hat in hand to look for more money from "the Sophisticated Investors" as we are scheduled to be broke really soon if the last quarterly is anything to go by. (Maybe why Jason has been bumped to Economy - the corporate credit card is bouncing).

    Enough of my CFE cautious and mistrusting side.

    Cobalt is still over $60K with rumours that $100K is likely in the short to medium term. If an off-take and funding agreement is pending, then it would be great for the confidence and share price will 'bagger' multiples pending on the value.
 
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