Cobalt price, page-85

Fully invested?

CFE has picked up some old tailings mine in a politically unstable and supposedly corrupt African country the DRC. But no 2012 JORC.

Cobalt in DRC through FEL as above only owns 40.4% of FEL. But no 2012 JORC.

Lithium through EUR in Austria - a country which has very little experience in mining. The lithium is in hard rock and therefore more expensive to extract. But only owns 12.94% of EUR. But no 2012 JORC.

Lithium through LRS in Argentina but no 2012 JORC yet - expected June 2018. But only owns 1.29% of LRS through Dempsey Resources.

Total value of investment is $AUD19.01m in these companies.