CFE has recently signed an agreement to form a 50/50 joint venture to develop cobalt and copper projects in the Democratic Republic of Congo, including near term production assets and three further projects. We believe the joint venture should add value to these projects and return significant upside to investors. We believe cobalt has a positive future. The shares were trading at 3.8 cents on March 3.
CFE Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
