Short Term Trading Week Starting: 13th Feb, page-452

STTCOMP CFE, FA Long
Cape Lambert Resources
SOI: 721m
SP: 0.019
MC: 13.7m
Cash: 3m

Cape Lambert Resources Ltd is a mineral development and exploration company with a geographically diverse portfolio of mineral assets and interests in a number of exploration companies. Through its investments, CFE has exposure to iron ore, copper, gold, uranium, phosphate, lead silver zinc and vanadium assets in Australia, Africa, Greece and South America.

Currently in a trading halt pending the acquisition of a near production cobalt asset. Given the premium being applied to Cobalt assets atm, a decent acquisition could be a catalyst for a multi day run.