The Chinese Guys who looked over the Processing Plant wanting to parley. Very encouraging news as it is clear they liked what they have seen and want in.
FEL Transaction paying off now, buying more time for the best Kipushi deal to be had.
“The Company is of the opinion that following these meetings in London and the negotiations in China this week, it will be able to finalise a strategic investment into the Company, proposed cobalt and copper offtake agreement and a commodity linked debt funding structure that will allow it to advance its advanced cobalt and copper production strategy in Africa.”
Very exciting, when you consider CLQ has capital costs of USD$620m with a 2 year ramp up for 3.3k tpa of Cobalt. $1.38 for that opportunity as I post. Thanks for comparing. CFE is coming up trumps.
The Chinese Guys who looked over the Processing Plant wanting to...
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