They also have the Zambian cobalt tailings project near Kitwe,...

First 2 Last

Share
Profile

Follow
82Punter

618 Posts.

168

29/08/17

19:07

Post #: 26846442
Share

Originally posted by Tattswah ↑

Interested in the thoughts of the potential near term production for the Kipushi Cobalt Project in the DRC.
The recent deal with FEL to offload the Kasombo Copper-Cobalt Project says to me that CFE have a lot on thier plate and are quite confident of bringing Kipushi into development in the near term.

"Major Chinese industrial group to also visit site in early August to review potential construction and funding of leaching technology to produce a high value cobalt hydroxide product"

Jason Brewer (4CE&CFE) is currently in the Republic and was meeting Chinese investors and Cobalt end uses for potential offtakes and funding in early august so surely we will have some info soon..

There is also a lot of interested around the globe including what was also previously ANN.

"Discussions advancing with several Swiss, European and US based commodity trading groups over the Company’s planned production of cobalt and copper concentrates from its Kipushi Cobalt Project located in the Democratic Republic of Congo"

The resources and grade are also top notch with the Kasombo Project returning grades of an ASTONISHING 38.2% Cobalt.

"the preliminary XRF values indicate numerous high grade areas of mineralisation at Kasombo 7, with grades of up to 38.26% cobalt."

The Farm out deal with FEL after CFE complete DD is 35m shares in FEL for CFE..
Coincidently the directors of CFE,FEL and 4CE are the same..this to me reinforces the strong Relationships the board has with DRC authorities and the confidence in them to bring these projects into production...
CFE also raised at 3c recently and the current share price is at a month Low...
Looks like a great buying opportunity to me

Expand

They also have the Zambian cobalt tailings project near Kitwe, which is a few hundred km away from Kipushi, that could deliver some operational synergies if the tailings from each site can be processed at the one facility (subject to feasibility of transporting across the border).

We haven't heard much of the Zambian project for a while, would be interesting to hear what's happened with that one as well as finalising an offtake for Kipushi.

CFE Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 3 more messages in this thread...

First 2 Last

Add CFE (ASX) to my watchlist

They also have the Zambian cobalt tailings project near Kitwe,...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News